Normalization, not a #recession. Big difference. https://image.nostr.build/1f70678ce9dc1b3ba75ff83d20424e87e4d96345a4a5895e39f2713ae3257a08.jpg
Does the number match your feelings about the economy?
Yes. The US services sector continues to do very well, while the (much smaller) manufacturing sector continues to languish.