Manufacturing is just to small as part of US economy to drive the business-cycle. Its share in GDP and payroll fluc… https://t.co/8Va5b7cmhK
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…