Inflation fell to 3.5 percent
Inflation fell to 3.5 percent. The Consumer Price Index fell 0.4 percent in June after rising 0.5 percent in May, the US Bureau of Labor Statistics reported Tuesday, This is the largest 1-month decrease in prices since April 2020.
US raw steel production down from previous week
In the week ending July 11, 2026, US raw steel production was 1,840,000 net tons at an ACUR of 79.7 percent, down 0.9 percent from the previous week ending July 4, 2026.
Adjusted YTD production through July 11,2026, was 49,952,000 net tons at an ACUR of 78.8 percent.
Empire State Manufacturing Survey reports business activity picked up considerably in New York State in July
The Federal Reserve Bank of New York released its Empire State Manufacturing Survey results and reports business activity picked up considerably in New York State in July, according to firms responding to the survey. The headline general business conditions index rose ten points to 15.6. new orders and shipments increased strongly. Unfilled orders increased and delivery times continued to lengthen, and supply availability continued to worsen. Employment rose at a solid clip and the average workweek edged higher.
Manufacturing Business Outlook Survey for July 2026 reports manufacturing activity in the region continued to expand overall
The Federal Reserve Bank of Philadelphia released its Manufacturing Business Outlook Survey results for July 2026 and reports manufacturing activity in the region continued to expand overall, according to firms responding to the July survey. The survey’s indicators for general activity and new orders both rose this month to nearly five-year highs and the shipments index also increased. The employment index was positive for a second consecutive month and continued to suggest overall increases in employment.
The firms continue to expect overall growth over the next six months, although most future indicators moved down from elevated levels this month.
US drill rigs running up from previous week
In the week ending July 17, 2026, there were 588 drill rigs running in the US, up 7 rigs from the previous week ending July 10, 2026. This is up forty-four rigs from one year ago.
Canadian drillers added nineteen rigs, to 198 which is up twenty-eight rigs from one year ago.
News Headlines
The United States military has been bombing Iran since the weekend…severely. These clowns over there think Biden or Obama, or Bush, are president. They are fucking with the wrong man. They have pushed Trump too far, though our diplomats remain, Trump does not trust the Iranians one bit, “they are scum,” as the president has said, and they are. I fear many good Persian people will suffer for this, but the radical Islamist regime must be toppled or there can be no peace in the Middle East, let alone the world. Let’s get the job done, destroy the remaining infrastructure, all weapons systems and weapons (which keep appearing), the revolutionary guard corps, everything but the people who want freedom.
The blockade in the Strait of Hormuz is in effect again, no Iranian sea vessels can enter or leave the Strait. They have also been doing excavation on nuclear sites previously destroyed. They do not want peace, that is apparent.
As we end this week, the United States military has been executing air strikes on Iranian infrastructure for the past six days and nights, which is good. I do not understand why Trump doesn’t take the leash off the Israeli military and let them have their fun with these idiots. He must have a good reason.
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.”
