Kathryn Anne Edwards

Well, it's close enough.

Y'all know what I mean.

You don't want to think that 3.3% inflation last month is a sign of underlying pressures to raise prices overall in the economy that need to be met with higher interest rates.

We know where it's coming from.

It's coming from the spike in oil.

However, that can translate to overall price increases quite quickly.

So it's a very tenuous balance.

And the labor market, I haven't seen anything directly yet, but that doesn't mean it won't come soon.

When you asked me earlier what I was looking at, I have this like very odd fixation on surveys of manufacturers.

Texas has one for the Texas Survey of Manufacturers.

And then something like this shows up in the Beige Book of the Fed.

But the Texas Survey of Manufacturers, it's delightful reading.

They're very plain spoken.

It's a trait we have.

But they'll say like one more month of this and it's completely broken me.

Like I've been through so much over the past two years.

I simply can't do this anymore.

I'd rather fold up shop than have to

have business in these conditions i mean they're very plain spoken about just how much is on the line and how close they are to the edge i just don't know how far you can push people and once once employers say this isn't worth like this isn't worth almost not worth our time to stay in business when it's so risky and difficult that's when you start to see big job loss on that end but there are otherwise the high energy prices can affect the labor market that's just one that kind of is top of mind

From a numbers game alone, the relationship between overall job growth and health is probably the most worrying.