(((Alan Tonelson)))(@AlanTonelson):In today's Fed minutes, the staff reported that US "Manufacturing activity expanded at a solid pace...." But how can that be, since experts have been saying for nearly 2 years that Trump's tariffs would decimate domestic industry? (FOMC members were silent on manufacturing.)

(((Alan Tonelson)))

@AlanTonelson

Founder of RealityChek - a blog covering economics, national security, tech, & their intersections. Also checking in regularly on the general human condition.

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(((Alan Tonelson)))@AlanTonelson

2026.10.07 23:22

In today's Fed minutes, the staff reported that US "Manufacturing activity expanded at a solid pace...." But how can that be, since experts have been saying for nearly 2 years that Trump's tariffs would decimate domestic industry? (FOMC members were silent on manufacturing.)