I’m shocked! I expected them to cook the books down below 7% for Dear Ruler.
:: I expected them to cook the books down below 7% for Dear Ruler. ::
Ahhh, but they did! Yesterday, they announced revisions that indicated less jobs than were previously thought since February. There was no corresponding revision of the Index for those months. It was, most likely, 8.5 to 8.3 in that time.
Odd how the first big bump down (8.3 to 8.1) occurred in March, isn’t it?