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Jobless Claims at 11 Month High; Manufacturing Activity at 8 Month Low | Business Matters Full Broadcast (August 1)
The stock market flashing red today as warning signs flash in other areas of the economy too. Weekly jobless claims now at an 11-month high. Today's labor market report also showing also the total number of people on jobless rolls is at the highest since 2021.
Manufacturing data suggesting a slow down in the broader US economy. ISM data showing the manufacturing sector contracted in July for the fourth consecutive month. It's now at its lowest level in eight months.
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The stock market flashing red today as warning signs flash in other areas of the economy too. Weekly jobless claims now at an 11-month high. Today's labor market report also showing also the total number of people on jobless rolls is at the highest since 2021.
Manufacturing data suggesting a slow down in the broader US economy. ISM data showing the manufacturing sector contracted in July for the fourth consecutive month. It's now at its lowest level in eight months.