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China's manufacturing activity down in January
Chinese manufacturing activity contracted in January, according to a report by the China Federation of Logistics and Purchasing and the National Bureau of Statistics on Saturday. The manufacturing Purchasing Manager's Index (PMI) fell from 50.1 in December to 49.3, below expectations. The non-manufacturing PMI also dipped under the no-change 50-point line. It declined from 50.2 in December to 49.4 in January.
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From @realDonaldTrump|Jan 30, 2026|2 comments
For many years, the Bureau of Labor Statistics, under WEAK and STUPID people, has been FAILING American Businesses, Policymakers, and Families by releasing VERY inaccurate numbers. That is why I FIRED the former Commissioner, and am pleased to nominate the very talented Brett Matsumoto as the next Commissioner of the Bureau of Labor Statistics (BLS). Brett was a Supervisory Research Economist for the BLS, but is now serving as a Senior Economist on the Trump Council of Economic Advisers, like he did in my First Term. I am confident that Brett has the expertise to QUICKLY fix the long history of issues at the BLS on behalf of the American People. Brett Matsumoto is a Brilliant, Reputable, and Trusted Economist who will restore GREATNESS to the Bureau of Labor Statistics. Congratulations Brett!
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