HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Key reading of the manufa...

Thu Jan 3, 2019, 11:54 AM

 

Key reading of the manufacturing sector falls to lowest level in more than 2 years

Source: CNBC

Activity in the U.S. manufacturing sector expanded at a much slower pace than expected last month, according to the Institute for Supply Management.

The ISM manufacturing index fell to 54.1 in December, its lowest level since November 2016. Economists polled by Refinitiv expected the index to slip to 57.9 in December, down from 59.3 in November.

"Comments from the panel reflect continued expanding business strength, but at much lower levels," said Timothy Fiore, chair of the Institute for Supply Management, in statement. "Demand softened, with the New Orders Index retreating to recent low levels, the Customers' Inventories Index remaining too low a positive heading into the first quarter of 2019 and the Backlog of Orders declining to a zero-expansion level."

Read more: https://www.cnbc.com/2019/01/03/ism-manufacturing-index-december.html



Trump is fucking up the economy.

3 replies, 1015 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 3 replies Author Time Post
Reply Key reading of the manufacturing sector falls to lowest level in more than 2 years (Original post)
Yosemito Jan 2019 OP
RockRaven Jan 2019 #1
kimbutgar Jan 2019 #3
Bigredhunk Jan 2019 #2

Response to Yosemito (Original post)

Thu Jan 3, 2019, 11:56 AM

1. Yes, he is, and he's doing it on purpose...

or at minimum with depraved indifference.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to RockRaven (Reply #1)

Thu Jan 3, 2019, 01:08 PM

3. Readying the country to turn over to Putin

Reply to this post

Back to top Alert abuse Link here Permalink


Reply to this thread