March payrolls beat expectations
March payrolls beat expectations, at 178,000, but net revisions were neutral and the quarter as a whole was distorted by, strikes, weather, government shutdowns, Iran etc.
Texas factory activity continued to rise in March 2026
The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey results and reports Texas factory activity continued to rise in March, but at a slower pace than in the previous month, according to business executives responding too the survey. The production index, a key measure of state manufacturing conditions, fell six points, to 6.8, a reading suggestive of a below-average pace of output expansion.
Other measures of manufacturing activity also showed signs of slower growth this month. Expectations are for increased manufacturing activity six months from now. The future production index held steady at 35.7, other indexes of future manufacturing activity remained in positive territory and increased.
March 2026 ISM Manufacturing PMI reports the strongest growth since August 2022
The Institute for Supply Management (ISM) released its March 2026 ISM Manufacturing PMI results and reports the index registered 52.7%, up 0.3 percentage point from February’s 52.4%, indicating the third consecutive month of expansion and the strongest growth since August 2022. The sector shows growth driven by production increases, though rising costs and slowing new orders remain areas of concern.
US raw steel production up from previous week
In the week ending March 28, 2026, US raw steel production was 1,803,000 net tons at an ACUR of 77.0 percent, up 1.2 percent from the previous week ending March 211, 2026. Adjusted YTD production through March 28, 2026, was 22,197,000 net tons at an ACUR of 77.2 percent.
US drill rigs running down from previous week
There were 543 drill rigs running in the US in the week ending March 27, down 9 rigs from the previous week which is down 49 rigs from one year ago.
Canadian drillers capped forty-nine rigs, to 153, down ten rigs from one year ago.
Canadian drillers capped forty-nine rigs, to 153, down ten rigs from one year ago.
Chicago Business Barometer fell after being in expansionist territory
The Chicago Business Barometer, fell 4.9 points, to 52.8, after three consecutive increases, being in expansionary territory. The decline was driven by employment, production and new orders. Rises in order backlogs and supplier deliveries provided some offset.
The Conference Board Consumer Confidence Index edged up by 0.8 points in March to 91.8, from 91.0 in February
Consumer confidence ticked up again in March, as a modest improvement in consumers’ views of current conditions outweighed a slight downshift in expectations for the future,” said Dana M Peterson, Chief Economist, The Conference Board.
News Headlines
Today is Good Friday, a Holy Day for Catholics and Christians, Jesus Christ is crucified, only to rise again three days later on Easter Sunday. Thanks be to God.
Have a blessed Easter and Passover Weekend
On Thursday Trump ousted Pam Bondi as Attorney General. She came in with high praise and high expectations and did virtually nothing. I supported her but quickly became disillusioned. The American people have seen so much evidence of crime and corruption in government and yet no one has been prosecuted, NO ONE. I don’t know how they get to seemingly good people, do they all have ghosts in the closet? Is everyone high on the ladder corrupt? It sure seems like it, and how sad is that?
I don’t know about any Republicans but for sure the following Democrats have evidence against them which proves they are corrupt:
Bill & Hillary Clinton, Joe Biden, Hunter Biden, Peter Strozk, Lisa Paige, Robert Mueller, Justice Brennan, Clapper, Pelosi, Comey, and a myriad of others. My list only scratches the surface. Ms. Bondi went after none of them. Why? I am surprised she lasted this long.
Bill & Hillary Clinton, Joe Biden, Hunter Biden, Peter Strozk, Lisa Paige, Robert Mueller, Justice Brennan, Clapper, Pelosi, Comey, and a myriad of others. My list only scratches the surface. Ms. Bondi went after none of them. Why? I am surprised she lasted this long.
The President spoke to the nation for about twenty minutes Wednesday night to assure us we are close to the end of our mission in Iran, and it has been successfully completed. They have no air force, no navy, no facilities to enrich for nuclear weapons, no nuclear weapons and no means to produce them. Their missile stores have largely been used up or destroyed, as has their ability to produce the same, several layers of top leadership have been killed. We are still bombing and will continue to do so until all targets are destroyed. He admonished Europe to go into the Strait of Hormuz and take control of it. They, China, and others need that oil, the United States does not.
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.”
