U.S. manufacturing activity shrank in August to its lowest level since January 2016, according to Tuesday’s Institute for Supply Management manufacturing index.
The ISM’s index of overall factory activity fell to 49.1 in August from 51.2 a month earlier. Economists had expected it to remain steady or slightly contract but to remain above 50.
Readings below 50 signal contraction. The last time the index signaled a contraction was January 2016, when the gauge fell to 48.
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10 comments:
And ? Is this suppose to be a sign the economy is recessing ? Or the sky is falling ?
You can thank the ESTABLISHMENT Republicans and their friends at the commerce department. More ANTI TRUMP and ANTI AMERICAN POS. Rather see our PRESIDENT and country FAIL. ALL FOR A BUCK!!
Good try asshole it's a sign on how rat DemocRATs ain't helping Trump get American jobs back.
And here we go! LOL I already knew it was coming. Blame the impending recession on Dems, maybe even Obama. LOL
Please get a grip people. The facts/data clearly show:
1) Global recession, that was in full swing before Obama election, hammered the markets
2) Obama's moves helped right the ship and set up a long phase of strong economic growth from 2010 to 2016
3) That growth continued during Trump, was helped by tax cuts, and was resilient enough that even the trade war stuff has not stopped it
3) After nearly 10 years of solid growth, we should not be surprised that we hit a recession. It won't be Trump's fault nor Dems/Obama.
Try on the truth for once and see if it fits.
Democrats have been giving away American jobs for 30 years there the biggest dirtbag hypocrites in the world.
What recession?? TYPICAL LIBUTARD. ALWAYS talking out their boyfriends ASS.
This is all due to the socialists theory of tariffs. Tariff wars are an "easy war to win"
Are you blind???
239 the one that is on the horizon according to multiple economic indicators. The numbers aren't partisan. The people who choose to read them (or not) are. Perhaps if you weren't stuck on fantasizing about men, you would be more aware of what economists are predicting.
Awe 3:54. You got BUTT HURT over a comment. Usually when you become upset over a comment. ITS TRUE. LMAO.
Interesting 232, last I checked, even your boy Trump chooses to manufacture most his products in Asia. So please remind me who exactly gave away jobs
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