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adequatedane Wrote:
-------------------------------------------------------
> Hi Aine
>
> You know I'm not sure? Yes automation will surely
> increase especially in the low wage jobs where
> employers are forced to raise wages because of
> minimum wage requirements. But for the immediate
> future I think humans have a future in
> manufacturing.
>
> dane

So much winning.

[www.ft.com]

US manufacturing contracts for first time since 2016 amid tension

Quote


The US manufacturing sector has contracted for the first time in three years, data on Tuesday showed, as the US-China trade war weighed on the industrial economy and added to fears about slowing domestic growth. 

The Institute for Supply Management’s index fell 2.1 percentage points to 49.1 last month, missing expectations for a reading of 51.1, according to economists surveyed by Thomson Reuters. 

“While business is strong, there is an undercurrent of fear and alarm regarding the trade wars and a potential recession,” said one respondent to the institute's survey.

This marked the first time since August 2016 that the index fell below 50, indicating a contraction, and represented its lowest level since January 2016. The data “will undoubtedly add to fears that more weakness is ahead”, said Jim O’Sullivan, chief US economist at High Frequency Economics.

Manufacturing growth has been in steady decline for months. Since September of last year, the US industrial production index, a measure of mining and manufacturing activity prepared by the US Federal Reserve, has fallen from 3.9 to 0.5. A number below zero indicates a contraction. In July, the manufacturing index alone fell to -0.5. 

Snip

But the details of Tuesday's ISM report were ugly, with new orders, production and employment sub-indices all contracting last month. New export orders shrunk for the second consecutive month and fell to their lowest since April 2009, when global trade was hit following the financial crisis. 

“Respondents expressed slightly more concern about US-China trade turbulence, but trade remains the most significant issue, indicated by the strong contraction in new export orders,” said Timothy Fiore, chief of the ISM manufacturing business survey committee. “Respondents continued to note supply chain adjustments as a result of moving manufacturing from China.”

1984 was a warning, not a how-to guide.

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Subject Views Written By Posted
Get the straitjacket and padded cell ready 1475 Aine 21-Aug-19 16:38
Re: Get the straitjacket and padded cell ready 110 Warwick 21-Aug-19 16:47
Re: Get the straitjacket and padded cell ready 120 Aine 21-Aug-19 16:56
Re: Get the straitjacket and padded cell ready 113 OCaptain 21-Aug-19 17:27
Re: Get the straitjacket and padded cell ready 102 Warwick 21-Aug-19 17:32
Re: Get the straitjacket and padded cell ready 135 Aine 21-Aug-19 17:38
Re: Get the straitjacket and padded cell ready 96 Aine 21-Aug-19 17:34
Blood Libel 103 Archaic 23-Aug-19 01:03
Re: Blood Libel 101 Aine 23-Aug-19 15:14
Re: Blood Libel 99 Aine 23-Aug-19 15:39
Re: Blood Libel 83 Eddie Larry 23-Aug-19 15:56
Re: Blood Libel 91 Aine 23-Aug-19 16:08
Re: Blood Libel 80 Eddie Larry 23-Aug-19 16:15
Re: Blood Libel 73 Aine 23-Aug-19 16:26
Trump slaps retaliatory tariffs on Chinese goods 75 Eddie Larry 23-Aug-19 22:32
Re: Trump slaps retaliatory tariffs on Chinese goods 79 Aine 24-Aug-19 02:12
Re: Trump slaps retaliatory tariffs on Chinese goods 67 Eddie Larry 28-Aug-19 17:02
Re: Trump slaps retaliatory tariffs on Chinese goods 66 Aine 29-Aug-19 13:14
Re: Trump slaps retaliatory tariffs on Chinese goods 75 Nolondil 29-Aug-19 20:03
Re: Trump slaps retaliatory tariffs on Chinese goods 57 Eddie Larry 29-Aug-19 20:54
Re: Trump slaps retaliatory tariffs on Chinese goods 66 Nolondil 29-Aug-19 23:52
Re: Trump slaps retaliatory tariffs on Chinese goods 62 Eddie Larry 30-Aug-19 04:41
Re: Trump slaps retaliatory tariffs on Chinese goods 65 adequatedane 30-Aug-19 14:00
Recession Republicanism 70 Eddie Larry 30-Aug-19 14:33
Re: Recession Republicanism 61 adequatedane 30-Aug-19 18:39
Re: Recession Republicanism 58 Eddie Larry 30-Aug-19 19:09
Re: Recession Republicanism 56 adequatedane 31-Aug-19 13:23
Re: Recession Republicanismo 64 Eddie Larry 31-Aug-19 16:49
Re: Recession Republicanismo 59 Warwick 31-Aug-19 17:01
Re: Recession Republicanismo 56 Eddie Larry 31-Aug-19 17:13
Re: Recession Republicanismo 51 Warwick 31-Aug-19 17:43
Re: Recession Republicanismo 58 Eddie Larry 31-Aug-19 17:46
Re: Recession Republicanismo 61 adequatedane 01-Sep-19 14:05
Re: Recession Republicanismo 59 Eddie Larry 01-Sep-19 15:15
Re: Recession Republicanismo 56 adequatedane 01-Sep-19 15:29
Re: Recession Republicanismo 56 Eddie Larry 01-Sep-19 15:35
Re: Recession Republicanismo 58 adequatedane 02-Sep-19 12:43
Re: Recession Republicanismo 64 Eddie Larry 02-Sep-19 14:45
Re: Recession Republicanismo 53 adequatedane 02-Sep-19 20:29
Re: Recession Republicanismo 64 Eddie Larry 03-Sep-19 00:06
Re: Recession Republicanismo 55 adequatedane 03-Sep-19 14:01
Re: Recession Republicanismo 62 Aine 01-Sep-19 15:41
Re: Recession Republicanismo 60 adequatedane 01-Sep-19 22:59
Re: Recession Republicanismo 52 Aine 03-Sep-19 17:41
Automation 51 adequatedane 03-Sep-19 20:24
Re: Automation 67 Aine 03-Sep-19 22:20
Re: Recession Republicanismo 49 Eddie Larry 01-Sep-19 23:32
Re: Trump slaps retaliatory tariffs on Chinese goods 62 Aine 29-Aug-19 21:04
Re: Trump slaps retaliatory tariffs on Chinese goods 62 Eddie Larry 29-Aug-19 21:12
Re: Trump slaps retaliatory tariffs on Chinese goods 68 Aine 29-Aug-19 21:46
Re: Trump slaps retaliatory tariffs on Chinese goods 67 Eddie Larry 30-Aug-19 04:44
Re: Trump slaps retaliatory tariffs on Chinese goods 65 adequatedane 30-Aug-19 13:32
Re: Trump slaps retaliatory tariffs on Chinese goods 71 Nolondil 30-Aug-19 22:18
Re: Trump slaps retaliatory tariffs on Chinese goods 58 Eddie Larry 30-Aug-19 23:15
Re: Trump slaps retaliatory tariffs on Chinese goods 56 Eddie Larry 31-Aug-19 00:00
Re: Trump slaps retaliatory tariffs on Chinese goods 63 adequatedane 31-Aug-19 13:39
Re: Blood Libel 81 adequatedane 23-Aug-19 22:16
Re: Blood Libel 83 Aine 24-Aug-19 02:02
Re: Blood Libel 85 adequatedane 24-Aug-19 11:37
Re: Blood Libel 86 Aine 24-Aug-19 12:38
Re: Blood Libel 83 adequatedane 24-Aug-19 23:28
Re: Blood Libel 81 Aine 25-Aug-19 01:11
Re: Blood Libel 75 adequatedane 25-Aug-19 14:14
Re: Blood Libel 86 Aine 25-Aug-19 15:36
“American Factory” 77 Eddie Larry 25-Aug-19 15:45
Re: “American Factory” 73 Aine 25-Aug-19 16:35
Re: “American Factory” 83 Poster Boy 25-Aug-19 17:39
Re: “American Factory” 83 Aine 25-Aug-19 17:55
Japan Agrees to Purchase $7 billion in US Ag Products 79 adequatedane 25-Aug-19 17:24
Re: Japan Agrees to Purchase $7 billion in US Ag Products 87 Nolondil 25-Aug-19 22:46
Re: Blood Libel 114 Archaic 23-Aug-19 22:17
Re: Blood Libel 90 Aine 24-Aug-19 02:10
Re: Blood Libel 79 Archaic 25-Aug-19 11:26
Re: Blood Libel 112 Archaic 23-Aug-19 22:06
Re: Blood Libel 93 Aine 24-Aug-19 02:23
Re: Blood Libel 101 Archaic 25-Aug-19 11:27
Re: Blood Libel 73 OCaptain 26-Aug-19 10:36
Re: Blood Libel 65 Aine 26-Aug-19 22:30
Re: Blood Libel 78 OCaptain 27-Aug-19 02:20
Re: Blood Libel 68 Aine 27-Aug-19 13:22
Re: Blood Libel 75 Aine 28-Aug-19 00:05
Re: Blood Libel 67 Archaic 28-Aug-19 15:21
Re: Blood Libel 66 Aine 28-Aug-19 16:13
I know, I know! 78 Warwick 28-Aug-19 16:16
Re: I know, I know! 79 Archaic 29-Aug-19 14:06
Re: I know, I know! 62 Warwick 29-Aug-19 16:21
Re: I know, I know! 62 Aine 29-Aug-19 16:38
Re: I know, I know! 63 Warwick 29-Aug-19 16:59
Re: Blood Libel 58 Archaic 29-Aug-19 14:05
Re: Blood Libel 60 Archaic 28-Aug-19 15:20
Re: Blood Libel 74 drrayeye 26-Aug-19 22:57
Re: Get the straitjacket and padded cell ready 102 Racho 21-Aug-19 19:26
Re: Get the straitjacket and padded cell ready 89 Aine 21-Aug-19 19:31
Re: Get the straitjacket and padded cell ready 93 Warwick 21-Aug-19 19:42
Pragmatic...is that doublespeak for dishonest? 83 Racho 21-Aug-19 20:13
Re: Pragmatic...is that doublespeak for dishonest? 85 Aine 21-Aug-19 21:05
Re: Pragmatic...is that doublespeak for dishonest? 75 Racho 21-Aug-19 22:48
Re: Pragmatic...is that doublespeak for dishonest? 91 Aine 21-Aug-19 22:52
Re: Pragmatic...is that doublespeak for dishonest? 87 Racho 21-Aug-19 23:14
Re: Pragmatic...is that doublespeak for dishonest? 83 Aine 21-Aug-19 23:17
Re: Get the straitjacket and padded cell ready 84 Racho 21-Aug-19 18:41
Re: Get the straitjacket and padded cell ready 82 Aine 21-Aug-19 18:48
25th Amendment 93 Nolondil 21-Aug-19 21:14
Re: 25th Amendment 75 Aine 21-Aug-19 21:55
Oh Julia, you make us laugh.... 89 Buck 45 21-Aug-19 21:56
Re: Oh Julia, you make us laugh.... 88 Aine 21-Aug-19 22:07
About what I expected 89 Buck 45 21-Aug-19 22:36
Re: About what I expected 80 Aine 21-Aug-19 22:42
Whose panties be bunched? 90 Buck 45 22-Aug-19 00:35
Hodgetwins vs Lee 79 drrayeye 22-Aug-19 02:33
Hodges easy 79 Buck 45 22-Aug-19 03:13
You can lead a horse to water . . . 72 drrayeye 22-Aug-19 05:11
Re: About what I expected 81 Racho 21-Aug-19 23:24
Re: About what I expected 73 Aine 21-Aug-19 23:30
Aines Normal Disinformation 90 adequatedane 21-Aug-19 23:46
Re: Aines Normal Disinformation 79 Aine 21-Aug-19 23:57
Re: Aines Normal Disinformation 76 adequatedane 22-Aug-19 12:20
Re: Aines Normal Disinformation 67 Aine 22-Aug-19 12:45
Re: Aines Normal Disinformation 66 adequatedane 22-Aug-19 19:36
Re: Aines Normal Disinformation 69 Aine 22-Aug-19 22:21
Re: Aine Lies 67 adequatedane 22-Aug-19 22:54
Thomas's question: Is Donald really bonkers? 89 drrayeye 22-Aug-19 00:32
From the "pros", lul 85 Buck 45 22-Aug-19 00:43
Did it all for you 87 drrayeye 22-Aug-19 01:58
Visit an echo chamber? 84 Buck 45 22-Aug-19 03:21
I'm no mental health professional 79 drrayeye 22-Aug-19 05:14
Clearly 74 Buck 45 22-Aug-19 22:59
Mental health 76 drrayeye 23-Aug-19 01:34
Re: Mental health 80 Sirfiroth 23-Aug-19 16:32
Re: Mental health 85 Aine 23-Aug-19 16:57
CDC Mental health advice for cowboys 77 drrayeye 24-Aug-19 03:08
Re: About what I expected 99 OCaptain 22-Aug-19 12:28
zzzz 83 Buck 45 22-Aug-19 23:11
Talk to NASA and the IPCC 69 drrayeye 23-Aug-19 01:36
Re: Talk to NASA and the IPCC 117 Archaic 23-Aug-19 01:48
Way better 79 drrayeye 23-Aug-19 08:35
Re: zzzz 76 OCaptain 23-Aug-19 11:35
But it's your faith?! 73 Buck 45 23-Aug-19 22:13
Re: But it's your faith?! 72 OCaptain 24-Aug-19 12:17
Denmark and Greenland 61 greengirl5 30-Aug-19 00:13
Re: Denmark and Greenland 68 Aine 30-Aug-19 00:43
Re: Get the straitjacket and padded cell ready 99 Lee McGiffen 22-Aug-19 13:10
Duuuuuuumb 96 Archaic 22-Aug-19 23:11
Re: Duuuuuuumb 88 Aine 22-Aug-19 23:57
Re: Duuuuuuumb 94 Archaic 23-Aug-19 00:02
Re: Get the straitjacket and padded cell ready 85 muppedo 23-Aug-19 22:43
Re: Get the straitjacket and padded cell ready 83 Aine 24-Aug-19 02:04
Re: Get the straitjacket and padded cell ready 82 muppedo 25-Aug-19 02:42
Frank Herbert's prescience on Trump 112 Lee McGiffen 24-Aug-19 13:28
Re: Frank Herbert's prescience on Trump 104 Aine 24-Aug-19 19:28
Cenk Uygur on Trump's Lunacy 84 Lee McGiffen 29-Aug-19 04:01
Re: Get the straitjacket and padded cell ready 81 Lost_In_Place 30-Aug-19 08:53
Re: Get the straitjacket and padded cell ready 78 Aine 30-Aug-19 16:50
Mar-a-Key Largo, starring Donald Trump 70 Lee McGiffen 02-Sep-19 09:16


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