Econ Recon! 6/1/23

Investors received some important economic headlines today. ADP data came in above expectations, while manufacturing activity contracted. There’s also a big jobs report is on deck tomorrow. While Fed officials like Patrick Harker are indicating a rate “skip” could be in the cards. Because of all that, we wanted to perform some “Econ Recon” across key industries to get a better sense of the economy. We’ll explore retail, real estate, supply chains with the CEO of Prologis, and restaurants with famed chef & restaurateur Wolfgang Puck.