The ISM Manufacturing Numbers Are in the Recession Zone

The ISM manufacturing numbers are in the recession zone month after month they were looking for an improvement to 47.3 instead it went in the other direction to 46 even that was lower than the low end of estimates. The weekly jobless came numbers I mean they're staying elevated 248,000 a few thousand more than the prior week but remember those those claims were hanging out around 200,000 before they spiked up to around 260 so we are starting to see more cracks in the labor market not just the weakness that we saw in the jobs numbers.