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THENATIONALPULSE (Pulse Wires) - Trump Economy: Manufacturing Hits Four-Year Peak, Manufacturing Employment at Three-Year High.

United States manufacturing reached a four-year high in July, according to a new report.

The United States manufacturing sector surged to its highest level in fours years, with manufacturing employment reaching a three-year high, primarily driven by robust order growth across multiple manufacturing industries. PULSE POINTS WHAT HAPPENED: United States manufacturing reached a four-year high in July, according to a new report, with employment in the sector at a three-year high. DETAIL: According to data from the Institute for Supply Management, the world’s oldest and largest supply management association, manufacturing activity in the United States hit a four-year high last month. Specifically, the Manufacturing Purchasing Managers’ Index (PMI), a key indicator of the health of the manufacturing sector used by economic…Open

AXIOS (Courtenay Brown) - America has a muddled recovery in manufacturing

Data: Institute for Supply Management via FactSet ; Chart: Courtenay Brown/Axios This is the chart that White House economic officials want you to see: A closely watched industry survey suggests a long U.S. manufacturing slump is giving way to a factory rebound. Why it matters: By this measure, the manufacturing recession is over. Activity across the sector expanded for a fifth straight month in May after spending much of the last two years in contraction territory. - But it is happening alongside miserable industry anecdotes about the Iran war's energy shock, tariffs and supply chain chaos. Driving the news: The Institute for Supply Management's manufacturing purchasing managers' index — one of the most closely watched gauges of U.S.…