Preliminary benchmark revision based on QCEW data, released today: Figure 1: Change in manufacturing employment since 2025M01 from BLS (blue), preliminary benchmark revision from BLS (light blue square), from ADP (green). Orange shading denotes post-Liberation Day period. Source: BLS, ADP via FRED, BLS, and author’s calculations. Here’s the picture for private nonfarm payroll employment: Figure…
SpaceX plans to spend tons of money on chips and recently announced it will only buy Nvidia’s. But other high-profile companies need more processing power as well.
SpaceX plans to spend tons of money on chips and recently announced it will only buy Nvidia’s. But other high-profile companies need more processing power as well.
