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U.S. President Donald Trump (C) and Health and Human Services Secretary Tom Price (L) enter the U.S. Capitol in Washington, U.S., March 21, 2017. (Photo: Reuters)

U.S. President Donald Trump (C) and Health and Human Services Secretary Tom Price (L) enter the U.S. Capitol in Washington, U.S., March 21, 2017. (Photo: Reuters)

Health and Human Services Secretary Tom Price has resigned amid criticism of his travel on charter flights that angered President Donald Trump. Secretary Price, who the President called “a good man,” made a partial repayment and apologized but it couldn’t save his job.

“Secretary Tom Price offered his resignation earlier today and the President accepted,” White House Press Secretary Sarah Huckabee Sanders said in a statement. “The President intends to designate Don J. Wright of Virginia to serve as Acting Secretary, effective at 11:59 p.m. on September 29, 2017. Mr. Wright currently serves as the Deputy Secretary of Health and Director of the Office of Disease Prevention and Health Promotion.”

President Trump said he was “not happy” with Secretary Price for hiring private charters on taxpayers’ funds for official travel, when cheaper commercial flights would have worked. However, it is also true that more permanent directors in the intelligence community, including the directors of the FBI and the CIA all travel on private charters.

There was no excess in the HHS budget from the travel, but the optics were bad. Mr. Price, as a former congressman representing Georgia’s 6th Congressional District, was a conservative budget hawk who advocated against wasteful government spending.

The White House is conducting a broad review of the policy and Secretary Price before he resigned has opened two reviews, including an investigation by the inspector general. The House Oversight and Government Reform committee has launched a broad investigation of top political appointees.

Health and Human Services (HHS) Secretary Tom

The U.S. flag is displayed at Tesoro's Los Angeles oil refinery in Los Angeles, California. (Photo: Reuters)

The U.S. flag is displayed at Tesoro’s Los Angeles oil refinery in Los Angeles, California. (Photo: Reuters)

The Baker Hughes North American Rig Count is down 2 to 1,153 for the week ending September 29, as U.S. gains were offset by Canadian losses. Overall, the North American Rig Count is up 469 on the year, nearly double the 684 52 weeks ago.

The U.S. rig count is up 5 rigs to 940 and 418 rigs from last year. The Canadian count is down 7 rigs to 213 and up 51 rigs from last year.

For the U.S., rigs classified as drilling for oil are up 6 to 750, while rigs classified as gas are down 1 at 189. For Canada, oil rigs are down 9 to 113 and gas rigs are up 2 to 100.

Worth noting, rigs brought back into operation after Hurricane Harvey did not significantly impact the count. Texas rigs were down just 2 to 451 and Louisiana rigs were up 2 to 67. The Gulf of Mexico, which is not included in the North American Rig Count, were up 3 to 22 from 19 last week.

The Baker Hughes North American Rig Count

A shopper walks down an aisle in a newly opened Walmart Neighborhood Market in Chicago in this September 21, 2011. (Photo: Reuters)

A shopper walks down an aisle in a newly opened Walmart Neighborhood Market in Chicago in this September 21, 2011. (Photo: Reuters)

The Survey of Consumers, a closely-watched gauge of consumer sentiment, eased slightly but remained high at to 95.1 in September.

“Consumer sentiment remained largely unchanged from the slightly lower level recorded at mid-month,” Richard Curtain, chief economist at the Survey of Consumers said. “The resilience of consumers has again been demonstrated as concerns about the impact of the hurricanes on the national economy have quickly faded.”

Texas and Florida were hit by Hurricanes Harvey and Irma, respectively. But the gauge did not show the dramatic impact that we saw during Hurricane Katrine, when it dropped 12 points. Now that two full surveys have been conducted, it’s safe to say that Americans are stronger in their optimism than they were more than a decade ago.

“Given that the survey was able to reach most households in Florida and Texas in late September, it should be no surprise that small declines were recorded in the current financial situation of households,” Mr. Curtain added. “In the past year, there has been a long list of issues that could have derailed the overall level of consumer confidence, including the unprecedented partisan divide, North Korea, Charlottesville, and the hurricanes.”

With overwhelming offset by Republicans and independents, “confidence has nonetheless remained very favorable, moving sideward in a very narrow positive range.”

In the first nine months of 2017, the Sentiment Index averaged 96.2, just ahead of averages of 91.9 and 92.9 recorded in the prior two years, making 2017 the highest recorded since 2000. Overall, consumer expenditures are expected to increase by 2.6% in 2017 and in the 1st half of 2018.

The Survey of Consumers, a closely-watched gauge

SUV parts are fabricated in the stamping facility at the General Motors Assembly Plant on June 9, 2015. (Photo: Reuters)

SUV parts are fabricated in the stamping facility at the General Motors Assembly Plant on June 9, 2015. (Photo: Reuters)

The MNI Chicago Business Barometer soared to 65.2 in September, surpassing the 58.5 forecast to hit the highest level in three months. The reading is up from 58.9 in August and is the second highest level in more than three years.

Inflation pressures have also finally started to pick up in September, which was mirrored in previous reports released this week.

“The strong outturn in September means that on a quarterly basis business activity was broadly unchanged from an already impressive Q2,” said Jamie Satchi, Economist at MNI Indicators. “Looking forward, firms are on record expecting a busy Q4 despite disruptions caused by the recent storms, with just a handful expecting delivery times to lengthen between October through December.”

After being flat in August, optimism about business conditions were up in September, with each of the Barometer’s sub-components strengthening. A significant gain in Order Backlogs pushed them to a 29-year high. The Q3 calendar average for the Barometer is now at 61.0, largely unchanged from Q2’s three-year high of 61.1.

The sharp rise in sentiment was unsurprising given the gains were widespread, though also somewhat concentrated in demand, backlogs and employment. Overal, these account for 60% of the headline MNI Chicago Business Barometer reading. The increases in Production and Supplier Deliveries, accounting for the remaining 40%, were slightly more modest in comparison.

Four of the five Barometer components rose to levels that fell just shy of the highs set in June, though Order Backlogs blew past it. They hit a level in September not seen since July 1988. Output and New Orders increased for the second straight month in September, while recent devastating hurricanes have negatively impacted delivery times.

A majority, 58.6%, of firms in the region believe hurricanes will not impact delivery times, while about third said they would.

The hurricanes also caused some companies to stockpile goods as a precautionary measure. The Inventories indicator gained by 8.4 points to the highest level since March.

After three consecutive monthly falls, the Employment indicator came back to above-50 territory in September. Despite the rise, companies continued to cite difficulty in finding skilled workers while there was evidence of firms hiring temporary staff and staff working overtime hours.

Finally, inflationary pressures rose markedly in September to a level not seen since July 2011.

The MNI Chicago Business Barometer soared to

Mark Zuckerberg gestures while addressing the audience during a meeting of the APEC (Asia-Pacific Economic Cooperation) CEO Summit in Lima, Peru, November 19, 2016. (Photo: Reuters)

Mark Zuckerberg gestures while addressing the audience during a meeting of the APEC (Asia-Pacific Economic Cooperation) CEO Summit in Lima, Peru, November 19, 2016. (Photo: Reuters)

Big Tech and social media executives being characterized as experts on Russian election meddling in Congress were actively helping to elect Hillary Clinton. The emails belonging to Clinton campaign chairman John Podesta and released by the anti-secrecy group WikiLeaks are riddled with proof of actual collusion.

Simply search queries reveal constant contact between Mr. Podesta, top Clinton campaign officials and industry executives. They include Facebook CEO Mark Zuckerberg (here), Facebook COO Sheryl Sandberg (here), former Google CEO Eric Schmidt (here) and other executives demonstrating a willingness to use dangerous power to influence public opinion.

Let’s start with Facebook, which has been in the news cycles the most lately over alleged ads purchased by Russia. We encourage you to click on the query links provided and read WikiLeaks for yourself. There’s too much information to cover in one article, which we will use to establish two things:

  1. a collusion scheme between the Clinton campaign and these executives existed and,
  2. due to that relationship, the individuals involved cannot be seen as credible or impartial

Facebook CEO Mark Zuckerberg & COO Sheryl Sandberg

Facebook COO Sheryl Sandberg speaks during the opening of the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 14, 2017. (Photo: Reuters)

Facebook COO Sheryl Sandberg speaks during the opening of the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 14, 2017. (Photo: Reuters)

A simple search for Ms. Sandberg in the Podesta Emails turns up a treasure trove of information, which undeniably demonstrates she was in the tank for Secretary Clinton. But she actually used Facebook resources with the aim to tip the election in favor of the 2016 Democratic nominee

Wishing you a happy New Year. 2015 was challenging, but we ended in a good place thanks to your help and support. Look forward to working with you to elect the first woman President of the United States.

In just 1 of the 50 email hits that came up, Cheryl Mills told Joel Benenson that she had “arranged for Sheryl Sandberg and her researcher” from Facebook to attend a meeting on March 5 with Mrs. Clinton, a Democratic polling firm and the rest of her team.

“I have arranged for Sheryl Sandberg and her researcher to be available on 5 March at 10am to step through the research on gender and leadership by women,” Ms. Mills wrote. “The HRC meeting begins at 11am.”

When Mr. Podesta reached out to Ms. Sandberg following the death of her husband, she responded by saying “I have to believe in heaven now” before quickly pivoting back to their work.

“I still want HRC to win badly,” she wrote. “I am still here to help as I can.”

Ms. Sandberg built a relationship with Mr. Podesta and introduced Mark Zuckerberg to him when he was developing philanthropic strategies. But with her admittedly “following every move!” the campaign made, the relationship was inextricably intertwined and, indeed, built upon their shared political goals, as another email shows.

“He wants to meet folks who can inform his understanding about effective political operations to advance public policy goals on social oriented objectives (like immigration, education or basic scientific research}, she wrote in that introduction email.

Twitter CEO Jack Dorsey

Jack Dorsey goes for a walk on the first day of the annual Allen and Co. media conference in Sun Valley, Idaho July 8, 2015. (Photo: Reuters)

Jack Dorsey goes for a walk on the first day of the annual Allen and Co. media conference in Sun Valley, Idaho July 8, 2015. (Photo: Reuters)

Twitter claims that they have found roughly 200 accounts linked to Russia bots, though offer no information on the accounts or the methodology they used to identify them. On Wednesday, the New York Times cited a so-called study conducted by a group run by deep-staters and neoconservatives such as Bill Kristol and former acting CIA chief Mike Morell.

It claimed that Russia used Twitter more widely known than before to manipulate U.S. politics in general. They also flat-out refuse to reveal which Twitter accounts they unilaterally decided are attributable to the Kremlin. They won’t even tell journalists what standard they are using to determine what is “anti-Americanism.”

While it’s not the top focus of congressional scrutiny, at least not at the moment, Twitter has long been accused of double-standards. Jack Dorsey, the social media giant’s chief executive officer, at the very least attended a dinner with then-Secretary Clinton.

According to an email released by WikiLeaks, the campaign decided to tell The Washington Post that it was a “technology policy discussion” and the purpose of it was to discuss “Internet Freedom.”

That’s rich.

Conservative users and activists have been suspended without cause or reason, conservative journalists have had their links removed or blacklisted, their verifications applications either flat-out rejected or unduly scrutinized, and so on.

Mr. Dorsey wasn’t the only one at that dinner, which is just the tip of a not-melting iceberg.

Google CEO Eric Schmidt (Former)

Former Google Executive Chairman Eric Schmidt addresses the Christian Democratic Union (CDU) party economic council in Berlin, Germany June 9, 2015. (Photo: Reuters)

Former Google Executive Chairman Eric Schmidt addresses the Christian Democratic Union (CDU) party economic council in Berlin, Germany June 9, 2015. (Photo: Reuters)

As the aforementioned email proves, then- and now-former Google CEO Eric Schmidt also attended that dinner on “Internet Freedom,” but definitely not the end of his involvement in the Clinton campaign.

In an extensive email drafted with the title, “Notes for a 2016 Democratic Campaign,” Mr. Schmidt covers everything from using Big Data to influence voters’ views and engagement to the use of Internet polling rather than traditional random-sample, phone-based polling.

“Find a way to do polling online and not on phones,” he wrote in section “d) Media (paid), (earned) and (social), and polling” of his strategy paper. It was a suggestion Clinton campaign manager Robby Mook agreed with.

However, perhaps Mr. Mook felt threatened by his knowledge, but he just wanted him to focus on building the online tools needed to track and influence voters in battleground states.

“This is great and there’s a lot of helpful stuff in here but I think he and his effort should be focused on building the needed tools and not encompass campaign structure and launch dates, etc.,” he wrote Cheryl Mills on April 15, 2014.

Worth noting, in late October People’s Pundit Daily (PPD) was contacted by a source with knowledge of the results of Google Consumer Surveys. At the time, the PPD U.S. Presidential Election Daily Tracking Poll and PPD Battleground State Polls were showing Mr. Trump poised for an upset over Mrs. Clinton.

They urged us to stay strong, not buckle and report the data. Why? Their data mirrored our data.

Nevertheless, the Schmidt document makes it crystal clear that he was willing and able to put the knowledge and data obtained by Google to work for Clinton, which is downright terrifying. Mr. Schmidt also worked closely with Barack Obama in his reelection bid against Mitt Romney.

“Here are some comments and observations based on what we saw in the 2012 campaign,” he opened up the internal draft paper. If we get started soon, we will be in a very strong position to execute well for 2016.”

He used that knowledge to lead a team of 10 in Brooklyn that was responsible for online engage and fundraising tools.

Read the full email for yourself, here.

Bottom Line

Just as we should keep in mind George Stephanopoulos is a former Clinton lackey masquerading as a journalist on ABC News, so too should we put the “expertise” of Big Tech and social media executives into proper context. As Glenn Greenwald recently wrote, one major Russian election meddling story after another has collapsed without so much as an apology or retraction.

As sad as it is, we cannot just assume executives, media outlets or politicians are telling the truth. The latter should be a given, but the evidentiary standard in journalism is nonexistent and trust in media is at an all-time low.

Mrs. Clinton has gone on a book tour to cry about how the unproven use of bots on social media were unfair in The World vs. Donald Trump matchup last November. It’s a bit more ludicrous when considering she had Big Media, social media and Big Tech on her side.

The tech and social media executives being

People count money at Macy's Herald Square store during the early opening of the Black Friday sales in the Manhattan borough of New York, November 26, 2015. (Photo: Reuters)

People count money at Macy’s Herald Square store during the early opening of the Black Friday sales in the Manhattan borough of New York, November 26, 2015. (Photo: Reuters)

The Bureau of Economic Analysis (BEA) report on Personal Incomes and Outlays offered a mixed bag on Friday. Weaker than expect inflation and certain underlaying income trends could cause the Federal Reserve to hold off on the anticipated rate hike in December.

Personal income increased $28.6 billion, or 0.2% in August, while disposable personal income (DPI) increased $14.9 billion (0.1%) and personal consumption expenditures (PCE) increased $18.0 billion (0.1%).

Real DPI decreased 0.1% in August and Real PCE decreased 0.1%. The PCE price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.1%.

The increase in personal income in August primarily reflected an increase in government social benefits to persons and compensation of employees (table 3).

Real PCE spending in August decreased $8.4 billion due to a decrease of $20.2 billion in spending for goods that was partially offset by a $9.2 billion increase in spending for services. Within goods, spending on new motor vehicles was the leading contributor to the decrease. Within services, healthcare spending was a leading contributor to the increase.

Personal outlays increased $16.8 billion in August, while personal saving came in at $522.9 billion. The personal saving rate, personal saving as a percentage of disposable personal income, was 3.6%.

The Bureau of Economic Analysis (BEA) report on

U.S. Immigration and Customs Enforcement (ICE) and Removal Operations (ERO) agents arrest an illegal alien sex offender in Long Island, New York as part of Operation SOAR. (Photo: Courtesy of ICE)

U.S. Immigration and Customs Enforcement (ICE) and Removal Operations (ERO) agents arrest an illegal alien sex offender in Long Island, New York as part of Operation SOAR. (Photo: Courtesy of ICE)

U.S. Immigration and Customs Enforcement (ICE) Enforcement arrested nearly 500 individuals in sanctuary cities across the country. With Removal Operations (ERO) Fugitive Operations teams, 498 criminal illegals from 42 countries were arrested and charged with federal immigration violations during a four-day operation that ended Wednesday.

Operation ‘Safe City’ focused on sanctuary cities, which are cities and regions where ICE deportation officers are denied access to jails and prisons to interview suspected immigration violators or jurisdictions where ICE detainers are not honored.

“Sanctuary jurisdictions that do not honor detainers or allow us access to jails and prisons are shielding criminal aliens from immigration enforcement and creating a magnet for illegal immigration,” said ICE Acting Director Tom Homan. “As a result, ICE is forced to dedicate more resources to conduct at-large arrests in these communities.”

Operation Safe City arrests took place in Baltimore (28), Cook County, Illinois (30), Denver (63), Los Angeles (101), New York (45), Philadelphia (107), Portland, Ore. (33), Santa Clara County, Calif (27); and Washington, D.C. (14) and the state of Massachusetts (50).

Contrary to some reports, those under Deferred Action for Childhood Arrivals (DACA) were not targeted by Operation Safe City.

“ICE’s goal is to build cooperative, respectful relationships with our law enforcement partners to help prevent dangerous criminal aliens from being released back onto the streets,” Acting Director Homan said. “Non-cooperation policies severely undermine that effort at the expense of public safety.”

Of the 498 individuals taken into custody during this operation for immigration violations:

  • 317 had criminal convictions, as noted in the chart below;
  • 68 are immigration fugitives;
  • 104 are previously deported criminal aliens; and
  • 18 are gang members or affiliates.

U.S. Immigration and Customs Enforcement (ICE) Enforcement

U.S. Attorney General Jeff Sessions at the Justice Department in Washington, D.C., on July 20, 2017. (Photo: Reuters)

U.S. Attorney General Jeff Sessions at the Justice Department in Washington, D.C., on July 20, 2017. (Photo: Reuters)

The Justice Department (DOJ) announced they’ve filed a lawsuit against Crop Production Services Inc. (Crop Production) for not hiring U.S. workers. The move sends a strong signal to the industry that the Trump Administration was serious when it rolled out “Hire American, Buy American.”

In 2016, the Justice Department received a complaint alleging Crop Production, which is headquartered in Loveland, Colorado, was discriminating against U.S. workers by imposing more burdensome requirements on U.S. citizens than it did on H-2A visa workers.

“In the spirit of President Trump’s Executive Order on Buy American and Hire American, the Department of Justice will not tolerate employers who discriminate against U.S. workers because of a desire to hire temporary foreign visa holders,” said Attorney General Jeff Sessions. “The Justice Department will enforce the Immigration and Nationality Act in order to protect U.S. workers as they are the very backbone of our communities and our economy.”

Farm workers pick eggplant in the early morning fog on a farm in Rancho Santa Fe, California United States August 31, 2016. (Photo: Reuters)

Farm workers pick eggplant in the early morning fog on a farm in Rancho Santa Fe, California United States August 31, 2016. (Photo: Reuters)

DOJ said the goal was to discourage U.S. citizens from working as seasonal technicians at the facility in El Campo, Texas. For instance, the complaint alleges U.S. citizens were required to complete a background check and a drug test prior to starting work, while H-2A workers were allowed to begin working without completing either.

In some cases, H-2A workers never even completed them.

That, alone, is a violation of the Immigration and Nationality Act (INA). But The the complaint also alleged that Crop Production refused to consider a limited-English proficient U.S. citizen for employment but hired H-2A workers who could not speak English. DOJ found all of Crop Production’s 15 available seasonal technician jobs in 2016 went to H-2A workers instead of U.S. workers.

The Justice Department said this case is part of an initiative by the Division’s Immigrant and Employee Rights Section (IER), known as Protecting U.S. Workers Initiative. It aims to target, investigate, and enforce actions against companies that discriminate against U.S. workers in favor of foreign visa workers. The government’s lawsuit seeks back pay on behalf of the workers, civil penalties, and other remedial relief to correct and prevent discrimination.

The workers have also filed their own private lawsuit and are represented by Texas RioGrande Legal Aid. Both suits were filed in the Office of the Chief Administrative Hearing Officer, a specialized court created by the U.S. Congress to hear such cases.

“Where there is a job available, U.S. workers should have a chance at it before we bring in workers from abroad,” Attorney General Sessions added.

The Justice Department (DOJ) announced they've filed

In this photo taken Sept. 1, 2015, Texas Supreme Court Justice Don Willett speaks in Austin, Texas. (Photo: AP)

In this photo taken Sept. 1, 2015, Texas Supreme Court Justice Don Willett speaks in Austin, Texas. (Photo: AP)

President Donald Trump has nominated Texas conservatives Don Willett and James Ho to the powerful Fifth Circuit Court of Appeals. The nominations, which were first reported by Dallas News, run by The Dallas Morning News, are being applauded by conservatives.

Justice Willet, who serves on the Texas Supreme Court, is also prolific tweeter with nearly 98,000 followers. He was previously mentioned as a potential candidate to replace Antonin Scalia on the U.S. Supreme Court.

Senator John Cornyn, R-Texas, said in a phone call with reporters. Willett “has developed an outstanding reputation as a very fine jurist.”

James Ho, is a former Texas Solicitor General and former clerk for Supreme Court Justice Clarence Thomas. He also served at the Justice Department (DOJ) under President George W. Bush. Now, he’s a partner in the Dallas office at the firm of Gibson, Dunn & Crutcher, as well as the co-chair of the firm’s Appellate and Constitutional Law practice group.

Interesting to note, Mr. Ho worked as chief counsel on the Senate Judiciary Committee for Sen. Cornyn, who said he and Willet will demonstrate “fidelity to the law” and respect their “oath of office.”

“We don’t need judges who are basically going to usurp the role of the legislature and become policy makers. Because as un-elected public officials, there is no way for the people to hold them politically accountable,” Sen. Cornyn said. “I’m confident that both Judge Willett and Jim Ho will be that kind of judge on the Fifth Circuit.”

President Trump is also nominating Kyle Duncan, a private attorney with ties to the Lone Star State who previously represented Hobby Lobby during its successful lawsuit against the Obama Administration. The Green family challenged the ObamaCare contraception mandate.

“As Texas’ attorney general, I had the pleasure of working with both Don and James and can attest to their brilliance as lawyers and their unwavering commitment to the rule of law,” Texas Governor Greg Abbott said in a statement. “I look forward to their swift approval by the U.S. Senate and to their service on the 5th Circuit, where I know they will uphold the Constitution.”

Kurt Engelhardt, the chief judge of the Eastern District of Louisiana, was also chosen by President Trump, according to Texas Attorney General Ken Paxton.

“I am confident that all four nominees will faithfully adhere to our country’s founding principles embodied in the Constitution,” Attorney General Paxton said.

President Donald Trump has nominated Texas conservatives

Nathan Rogers works on the jet assembly line at Cessna, at their manufacturing plant in Wichita, Kansas March 12, 2013. (Photo: Reuters)

Nathan Rogers works on the jet assembly line at Cessna, at their manufacturing plant in Wichita, Kansas March 12, 2013. (Photo: Reuters)

The Kansas City Federal Reserve said Tenth District manufacturing activity continued to rise despite impact on the region from hurricanes. While delivery times slowed significantly in September, it is likely to be temporary.

The month-over-month composite index — an average of the production, new orders, employment, supplier delivery time, and raw materials inventory indexes — came in at 17 in September, up from 16 in August and 10 in July.

“Factories in the region reported another good month in September, with little impact overall from the Gulf Coast hurricanes,” Chad Wilkerson, vice president and economist at the Kansas City Federal Reserve said.

Factory activity saw solid gains at both durable and non-durable goods plants — particularly for chemicals, plastics, and machinery products — though month-over-month indexes were somewhat mixed.

The production index remained strong and unchanged, while the shipments, employment, and new orders for exports indexes marginally increased. New orders fell from 25 to 10, and the order backlog index also declined. But they may pick back up as demand for replacement for equipment and vehicles damaged by Harvey hits next month.

The finished goods inventory index declined from 2 to -6, while the raw materials inventory index was laregly unchanged.

Year-over-year factory indexes increased juxtaposed to the previous month. The composite index soared from 23 to 35. The production, shipments, new orders, and order backlog indexes also rose significantly. The employment index rose from 22 to 30, while the capital expenditures index edged higher.

The raw materials inventory index slipped from 18 to 16, and the finished goods inventory index eased from 6 to 2. Expectations for future factory activity were mostly stable at high levels. The future composite index inched higher from 23 to 26, and the future order backlog and new orders for exports indexes also increased slightly.

The future production, shipments, and employment indexes were all unchanged, while the future new orders index dropped from 39 to 27. The future capital expenditures index scaled back from 18 to 13 after rising in August.

The future raw materials inventory index soared from -2 to 19, while the future finished goods inventory index also moved back into positive territory. In fact, most price indexes increased in September, which is a welcome sign of price traction not present in previous months.

The month-over-month finished goods price index increased from 8 to 13 and the raw materials price index also ticked higher. The year-over-year finished goods price index shot up from 29 to 38 and the year-over-year raw materials price index increased modestly. The future raw materials price index was unchanged, while the future finished goods price index slowed from 34 to 29.

The Kansas City Federal Reserve said Tenth

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