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But it has yet to make a decisive and sustained move into negative territory - nonetheless, it again has my attention. Meanwhile, the employment landscape remains strong.

The U.S. accuses China of backtracking on its commitments and impose additional tariffs; while injecting significant uncertainty into the economic outlook, most other indicators, particularly employment, remain strong

While this reading remains exceptionally low by historical standards, the sustained uptick should be monitored as perhaps a precursor to economic cracks forming