finance

US manufacturing and services employment has simultaneously contracted for 3 consecutive months.

Over the last 20 years, this has happened ONLY twice, during the 2020 pandemic and 2008 Financial Crisis. 📉📉📉

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

where are the other 10 years of this chart?

Mentioning 2008 and showing a chart that only goes back to 2016, with an emphasis on the (black swan) 2020 pandemic drop, is misleading.