US Soft Landing ‘Likely,’ New PMIs Suggest

Economic activity picked up this month in the US, preliminary PMI data released on Tuesday suggested

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2 thoughts on “US Soft Landing ‘Likely,’ New PMIs Suggest

  1. Anecdotal- but ski accommodation bookings (for the upcoming 2023/24 ski season) are at their the lowest level for this time of year – when compared to the last 19 years- according to a long term rental property management company owner, who operates in the Valley where I live.
    There is no obvious “reason why”, but a lot of guesses, including economic slowdown.

    1. In a similar anecdotal vein, I am trying to sell a home in Sedona, AZ. Normally homes there are in demand. But today the agent commented “I don’t know why, but demand has disappeared over the last couple of months.”

      The last time this happened was 2009.

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