Manufacturing sector contracts for the first time in nearly a decade

[maddogesq]

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 managers’ 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

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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.