ˈdälfən™🐬 💥 🌊dalfen@mstdn.social
Aug 5, 2025, 9:00 PM/2 🧵
Steve Miller, chair of the ISM Services Business Survey Committee, spoke of the “resilience” of the US #services sector, but said there is “no question” that “tariffs are raising prices-paid, a potential driver of future #inflation.”
He also said, “Our contraction readings…indicate that the BLS numbers will continue to be weak through the rest of the summer.”
(Keep that in mind as Trump’s gov’t comes out w/ future economic numbers)