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Thu Aug 22, 2019, 11:52 AM

Manufacturing sector contracts for the first time in nearly a decade [View all]

Source: CNBC

U.S. manufacturer growth slowed to the lowest level in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.

The U.S. manufacturing PMI (purchasing managersí index) was 49.9 in August, down from 50.4 in July and below the neutral 50.0 threshold for the first time since September 2009, according to IHS Markit.

Read more: https://www.cnbc.com/2019/08/22/manufacturing-sector-contracts-for-the-first-time-in-nearly-a-decade-according-to-ihs-markit.html



Hi al, your gloomed-sooner Dawg is back with more signs of something we saw coming, hastened by the Orange Disaster in Chief, tax cuts, and so on.

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Reply Manufacturing sector contracts for the first time in nearly a decade [View all]
maddogesq Aug 2019 OP
BlueIdaho Aug 2019 #1
Recursion Aug 2019 #2
Boomer Aug 2019 #3
Lonestarblue Aug 2019 #8
Boomer Aug 2019 #10
bucolic_frolic Aug 2019 #4
rurallib Aug 2019 #5
Norbert Aug 2019 #6
Wellstone ruled Aug 2019 #7
marble falls Aug 2019 #9