Is the slowdown in the US much closer than we think?

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As US economic ‘hard data’ has collapsed in recent months, US manufacturing and services industries PMIs ‘soft data’ have both tumbled, and preliminary August data extended that streak with slower business activity growth reflected the weakest rise in new order volumes since December 2017.

US Manufacturing and Services PMIs miss expectations and drop for the 3rd month in a row…

www.zerohedge.com/news/2018-08-23/pmis-signal-us-economy-has-cooled-q2-manufacturing-has-led-slowdown

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