Manufacturing activity in the Plains states contracted for the first time this year and expectations tumbled, according to a report released Thursday by the Federal Reserve Bank of Kansas City in Missouri.

WSJ I keep thinking that we are at bottom, can't get lower unless we want aggregate data in the mud of noise and unreadable. In other words. the US macro economy is as low as it can get, without getting lost. Hence it makes national recession predictions difficult. Is this the moment of national restructuring? The moment when the big colonial states like Texas and Florida say enough is enough, a pox on both parties?