Editorial

While the mainstream media, the Democratic Party elite and deep-pocketed Wall Street interests are doing everything they can to prop up Vice President Kamala Harris through Nov. 5, new data shows she might have reached her polling peak.
After six weeks of giddy excitement from Democrats, Harris’ campaign appears to be slowly losing steam, placing her neck and neck with Trump – or a few points behind him – in several new polls.

The Institute for Supply Management (ISM) manufacturing index once again showed signs of contracting, coming in at 47.2 in August — anything less than 50 indicates less than half of firms reported expansion — which marks the 21 out of the past 22 months showing contraction.
The index itself tends to dip during recessions, hitting lows of 35.5 in 1982, 39.4 in 1991, 41.3 in 2001, 34.5 in 2008 and 41.7 in 2020. So, it’s still got a bit more to go to get to recession territory, with its low this cycle coming at 46 in June 2023.

The U.S. employment level in the Bureau of Labor Statistics’ household survey has barely grown the past year, only increasing at 0.03 percent since July 2023, from 161.2 million to 161.26 million, with just 57,000 more people saying they’re employed today than a year ago.