Happy 250th Independence Day Celebration Week
HAPPY INDEPENDENCE DAY. YOU LIVE IN THE LAND OF THE FREE, THE HOME OF THE BRAVE
Texas Manufacturing Outlook Survey for June 2026 reports Texas manufacturing output growth decelerated in June
The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey results for June 2026 and reports Texas manufacturing output growth decelerated in June, according to business executives responding to the survey. The production index, a key measure of state manufacturing conditions, fell five points to 4.1, a reading suggestive of a below-average pace of output expansion.
Other measures of manufacturing activity remained positive but showed signs of slower growth in demand.
Perceptions of broader business conditions were fairly stable in June. The general business activity index was flat, with the zero reading indicating no change in activity from May. The company outlook index increased to 2.3 from 0.3, signaling a slight improvement in outlooks.
US raw steel production down from previous week
In the week ending June 27, 2026, US raw steel production was 1,842,000 net tons at an ACUR of 79.8 percent, down 0.5 percent from the previous week ending June 20, 2026.
Adjusted YTD production through June 27, 2026, was 46, 237,000 net tons at an ACUR of 78.7 percent.
The Chicago Business Barometer cooled 6.0 points to 56.7 in June
The Barometer remained in expansionary territory for a second consecutive month.
The fall was driven by declines in New Orders and Production while rises in Supplier Deliveries, Order Backlogs and Employment provided some offset.
Consumer Confidence Index inched up by 0.6 points to 91.2 in June
The Conference Board Consumer Confidence Index inched up by 0.6 points to 91.2 in June, up from a downwardly revised 90.6 in May. The Present Situation Index-based on consumers’ assessment of current business and labor market conditions-fell by 3.0 points to 116.4. the Expectations Index-based on consumers’ short-term outlook for income, business and labor market conditions-rose by 3.0 points.
ISM Manufacturing PMI Report: Economic activity in the manufacturing sector expanded in June
Economic activity in the manufacturing sector expanded in June for the sixth consecutive month, say the nation’s supply executives in the latest ISM Manufacturing PMI Report.
The report was issue by Susan Spence, MBA, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee.
The Manufacturing PMI registered 53.3 percent in June, 0.7 percentage point lower than in May. The overall economy continued in expansion for the 20th month in a row. (A Manufacturing PMI above 47.5 over a period of time, generally indicates an expansion of the overall economy.)
News Headlines
Be thankful you were born in or were lucky enough to emigrate to this great country. Though the communist left is trying to ruin the celebration. As I have said before, they have already destroyed the Democrat party, there is nothing left, they do not have the balls to stand up for what they know is right for the country. All they want is power. Fuck ‘em, they should never win another national election as a party.
Another communist beat a 30-year incumbent Democrat in Colorado this week, vowing to abolish ICE, cease arms sales to Israel and a host of other anti-American positions. Watch out folks, they are coming for your stuff
I just heard a story, recounted by Dr. Ben Carson, about George Washington, as a young man, a courier for English General Braddock during the French-Indian wars. The story used to be in our history books until the use of “God” made it politically incorrect to tell, so it is not taught to our youth. How sad. Anyway, Washington had two horses shot out from beneath him in battle, had multiple bullet holes in his coat, bullet fragments in his hair, and no flesh wounds. Years later, still not president, Washington was in the same area and the elder chief, who had been at that battle said to his men, bring me to this man (Washington). On meeting him he said “Sir, I am an excellent marksman, I shot you seventeen times and my men shot you, pretty soon I told them to stop wasting their bullets. I wanted to meet the man who was protected by The Great Presence above. Divine intervention? You tell me…
MAKE AMERICA GREAT AGAIN
“KEEP AMERICA GREAT”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”
