The Navarro Express

Parsing the Residential Construction Data Through Fed Eyes

A cautiously recovering housing market and resilient labor data are sending a clear signal: the economy does not need another interest rate hike. This episode breaks down why residential construction matters so deeply to growth, jobs, and consumer confidence — and why tightening monetary policy now could derail a fragile recovery before it gains momentum.

What Textiles Teach Us About Globalism — And Survival

A look at how America lost its textile industry—and why it matters. From COVID-era PPE shortages to decades of globalist trade policy, the case for rebuilding domestic manufacturing as a foundation of economic and national security.

Producer Prices Jumped. Broad Inflation Didn’t

March’s PPI report shows inflation driven largely by energy—not a broad-based surge. While headline prices rose, core and service-side pressures remain contained, signaling underlying inflation is still cooling despite volatile commodity shocks.

ISM Manufacturing Says It Plainly: American Industry Is Expanding Again

The March ISM report signals a clear shift: American manufacturing is expanding again, with rising orders, stronger production, and growing industrial momentum. While employment and inventories lag and cost pressures remain elevated, the data points to a sector turning the corner—and an early-stage industrial comeback taking shape.

Last Week's Jobs Report Sends the Doomcasters Back to the Drawing Board

A blowout March jobs report adds 178,000 jobs, far exceeding expectations and reinforcing the strength of the American labor market. Private-sector hiring led the gains, while key industries like construction and logistics showed renewed momentum. Despite recession warnings, the data points to a resilient economy shifting toward more productive growth.