Well, get ready for a kidney punch. Here are the current projections... Those are USA Eastern Time prints.
Wow, nice Overnight. So can we go down them and you explain what those mean? Core PCE Prince index - that shows a .6% month over month increase, that's 7.2 a year - obviously a high number, but maybe such could be a "blip" that happens from time to time and they might explain it away? Good trade balance, no idea how that compares to prior months. Personal income month over month: -14%? WTF? Sounds horrendous, no? Personal spending increase, ok. Inventories up a bit, probably no biggie. Chicago PMI, no idea what this is or how that 67.9 number stacks up historically.
Sorry, I did not do a good C&P job. Here's a better view... So the numbers on the right are previous reads. The center columns are the projections.
Biden and his entourage are clearly in a hurry to deprive Republicans of financial support for energy companies on the eve of the 2022 midterm elections. Democrats have already created irreconcilable opposition in 15 states.
Business school grads shun fossil fuels. New business school graduates choosing a career in the oil and gas industry have declined by 16% since 2019, and by 40% since 2006.