US Activity Update: No Major Changes to our Indexes in a Data Light Week

US Activity Update: No Major Changes to our Indexes in a Data Light Week - 6/12/2026

Composite Activity holds steady at +1.0σ since June 5 update ahead of data-packed weak — Mfg restocking intact, AI capex still anchors the cycle, Hormuz risk tilts inflationary rather than recessionary. 2 hikes starting in October remains the base case, 3 shouldn't be ruled out.

Vikas Patel

Jun 12, 2026 - 5 min read

This post is for MacroSuite Subscribers only

MacroSuite is our premium, high frequency research distribution for clients and partners who want to support our most in-the-weeds data analysis, monitoring, and macroeconomic forecasting. We offer a generous free trial period to individuals or firms who are interested in our premium analysis. If you’re interested in becoming a subscriber, have questions, or would like to see samples, please reach out to macrosuite@employamerica.org

Subscribe now

Already a member? Sign in