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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.”

In the spring, at the end of the day, you should smell like earth. ~ Margaret Atwood

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Subject Views Written By Posted
Get the straitjacket and padded cell ready 1523 Aine 21-Aug-19 16:38
Re: Get the straitjacket and padded cell ready 129 Warwick 21-Aug-19 16:47
Re: Get the straitjacket and padded cell ready 139 Aine 21-Aug-19 16:56
Re: Get the straitjacket and padded cell ready 134 OCaptain 21-Aug-19 17:27
Re: Get the straitjacket and padded cell ready 122 Warwick 21-Aug-19 17:32
Re: Get the straitjacket and padded cell ready 163 Aine 21-Aug-19 17:38
Re: Get the straitjacket and padded cell ready 115 Aine 21-Aug-19 17:34
Blood Libel 124 Archaic 23-Aug-19 01:03
Re: Blood Libel 134 Aine 23-Aug-19 15:14
Re: Blood Libel 124 Aine 23-Aug-19 15:39
Re: Blood Libel 103 Eddie Larry 23-Aug-19 15:56
Re: Blood Libel 112 Aine 23-Aug-19 16:08
Re: Blood Libel 101 Eddie Larry 23-Aug-19 16:15
Re: Blood Libel 90 Aine 23-Aug-19 16:26
Trump slaps retaliatory tariffs on Chinese goods 94 Eddie Larry 23-Aug-19 22:32
Re: Trump slaps retaliatory tariffs on Chinese goods 108 Aine 24-Aug-19 02:12
Re: Trump slaps retaliatory tariffs on Chinese goods 86 Eddie Larry 28-Aug-19 17:02
Re: Trump slaps retaliatory tariffs on Chinese goods 88 Aine 29-Aug-19 13:14
Re: Trump slaps retaliatory tariffs on Chinese goods 104 Nolondil 29-Aug-19 20:03
Re: Trump slaps retaliatory tariffs on Chinese goods 77 Eddie Larry 29-Aug-19 20:54
Re: Trump slaps retaliatory tariffs on Chinese goods 95 Nolondil 29-Aug-19 23:52
Re: Trump slaps retaliatory tariffs on Chinese goods 92 Eddie Larry 30-Aug-19 04:41
Re: Trump slaps retaliatory tariffs on Chinese goods 87 adequatedane 30-Aug-19 14:00
Recession Republicanism 91 Eddie Larry 30-Aug-19 14:33
Re: Recession Republicanism 81 adequatedane 30-Aug-19 18:39
Re: Recession Republicanism 78 Eddie Larry 30-Aug-19 19:09
Re: Recession Republicanism 74 adequatedane 31-Aug-19 13:23
Re: Recession Republicanismo 85 Eddie Larry 31-Aug-19 16:49
Re: Recession Republicanismo 77 Warwick 31-Aug-19 17:01
Re: Recession Republicanismo 76 Eddie Larry 31-Aug-19 17:13
Re: Recession Republicanismo 70 Warwick 31-Aug-19 17:43
Re: Recession Republicanismo 80 Eddie Larry 31-Aug-19 17:46
Re: Recession Republicanismo 85 adequatedane 01-Sep-19 14:05
Re: Recession Republicanismo 81 Eddie Larry 01-Sep-19 15:15
Re: Recession Republicanismo 76 adequatedane 01-Sep-19 15:29
Re: Recession Republicanismo 81 Eddie Larry 01-Sep-19 15:35
Re: Recession Republicanismo 76 adequatedane 02-Sep-19 12:43
Re: Recession Republicanismo 85 Eddie Larry 02-Sep-19 14:45
Re: Recession Republicanismo 71 adequatedane 02-Sep-19 20:29
Re: Recession Republicanismo 85 Eddie Larry 03-Sep-19 00:06
Re: Recession Republicanismo 74 adequatedane 03-Sep-19 14:01
Re: Recession Republicanismo 83 Aine 01-Sep-19 15:41
Re: Recession Republicanismo 81 adequatedane 01-Sep-19 22:59
Re: Recession Republicanismo 73 Aine 03-Sep-19 17:41
Automation 69 adequatedane 03-Sep-19 20:24
Re: Automation 90 Aine 03-Sep-19 22:20
Re: Recession Republicanismo 68 Eddie Larry 01-Sep-19 23:32
Re: Trump slaps retaliatory tariffs on Chinese goods 80 Aine 29-Aug-19 21:04
Re: Trump slaps retaliatory tariffs on Chinese goods 82 Eddie Larry 29-Aug-19 21:12
Re: Trump slaps retaliatory tariffs on Chinese goods 89 Aine 29-Aug-19 21:46
Re: Trump slaps retaliatory tariffs on Chinese goods 91 Eddie Larry 30-Aug-19 04:44
Re: Trump slaps retaliatory tariffs on Chinese goods 85 adequatedane 30-Aug-19 13:32
Re: Trump slaps retaliatory tariffs on Chinese goods 110 Nolondil 30-Aug-19 22:18
Re: Trump slaps retaliatory tariffs on Chinese goods 78 Eddie Larry 30-Aug-19 23:15
Re: Trump slaps retaliatory tariffs on Chinese goods 74 Eddie Larry 31-Aug-19 00:00
Re: Trump slaps retaliatory tariffs on Chinese goods 82 adequatedane 31-Aug-19 13:39
Re: Blood Libel 101 adequatedane 23-Aug-19 22:16
Re: Blood Libel 105 Aine 24-Aug-19 02:02
Re: Blood Libel 112 adequatedane 24-Aug-19 11:37
Re: Blood Libel 113 Aine 24-Aug-19 12:38
Re: Blood Libel 106 adequatedane 24-Aug-19 23:28
Re: Blood Libel 101 Aine 25-Aug-19 01:11
Re: Blood Libel 101 adequatedane 25-Aug-19 14:14
Re: Blood Libel 115 Aine 25-Aug-19 15:36
“American Factory” 96 Eddie Larry 25-Aug-19 15:45
Re: “American Factory” 98 Aine 25-Aug-19 16:35
Re: “American Factory” 108 Poster Boy 25-Aug-19 17:39
Re: “American Factory” 113 Aine 25-Aug-19 17:55
Japan Agrees to Purchase $7 billion in US Ag Products 101 adequatedane 25-Aug-19 17:24
Re: Japan Agrees to Purchase $7 billion in US Ag Products 118 Nolondil 25-Aug-19 22:46
Re: Blood Libel 150 Archaic 23-Aug-19 22:17
Re: Blood Libel 115 Aine 24-Aug-19 02:10
Re: Blood Libel 101 Archaic 25-Aug-19 11:26
Re: Blood Libel 137 Archaic 23-Aug-19 22:06
Re: Blood Libel 118 Aine 24-Aug-19 02:23
Re: Blood Libel 134 Archaic 25-Aug-19 11:27
Re: Blood Libel 91 OCaptain 26-Aug-19 10:36
Re: Blood Libel 73 Aine 26-Aug-19 22:30
Re: Blood Libel 104 OCaptain 27-Aug-19 02:20
Re: Blood Libel 88 Aine 27-Aug-19 13:22
Re: Blood Libel 94 Aine 28-Aug-19 00:05
Re: Blood Libel 76 Archaic 28-Aug-19 15:21
Re: Blood Libel 86 Aine 28-Aug-19 16:13
I know, I know! 103 Warwick 28-Aug-19 16:16
Re: I know, I know! 100 Archaic 29-Aug-19 14:06
Re: I know, I know! 80 Warwick 29-Aug-19 16:21
Re: I know, I know! 82 Aine 29-Aug-19 16:38
Re: I know, I know! 86 Warwick 29-Aug-19 16:59
Re: Blood Libel 78 Archaic 29-Aug-19 14:05
Re: Blood Libel 78 Archaic 28-Aug-19 15:20
Re: Blood Libel 93 drrayeye 26-Aug-19 22:57
Re: Get the straitjacket and padded cell ready 120 Racho 21-Aug-19 19:26
Re: Get the straitjacket and padded cell ready 110 Aine 21-Aug-19 19:31
Re: Get the straitjacket and padded cell ready 124 Warwick 21-Aug-19 19:42
Pragmatic...is that doublespeak for dishonest? 105 Racho 21-Aug-19 20:13
Re: Pragmatic...is that doublespeak for dishonest? 111 Aine 21-Aug-19 21:05
Re: Pragmatic...is that doublespeak for dishonest? 94 Racho 21-Aug-19 22:48
Re: Pragmatic...is that doublespeak for dishonest? 113 Aine 21-Aug-19 22:52
Re: Pragmatic...is that doublespeak for dishonest? 111 Racho 21-Aug-19 23:14
Re: Pragmatic...is that doublespeak for dishonest? 103 Aine 21-Aug-19 23:17
Re: Get the straitjacket and padded cell ready 103 Racho 21-Aug-19 18:41
Re: Get the straitjacket and padded cell ready 100 Aine 21-Aug-19 18:48
25th Amendment 122 Nolondil 21-Aug-19 21:14
Re: 25th Amendment 94 Aine 21-Aug-19 21:55
Oh Julia, you make us laugh.... 107 Buck 45 21-Aug-19 21:56
Re: Oh Julia, you make us laugh.... 112 Aine 21-Aug-19 22:07
About what I expected 111 Buck 45 21-Aug-19 22:36
Re: About what I expected 94 Aine 21-Aug-19 22:42
Whose panties be bunched? 109 Buck 45 22-Aug-19 00:35
Hodgetwins vs Lee 91 drrayeye 22-Aug-19 02:33
Hodges easy 88 Buck 45 22-Aug-19 03:13
You can lead a horse to water . . . 84 drrayeye 22-Aug-19 05:11
Re: About what I expected 102 Racho 21-Aug-19 23:24
Re: About what I expected 100 Aine 21-Aug-19 23:30
Aines Normal Disinformation 110 adequatedane 21-Aug-19 23:46
Re: Aines Normal Disinformation 105 Aine 21-Aug-19 23:57
Re: Aines Normal Disinformation 96 adequatedane 22-Aug-19 12:20
Re: Aines Normal Disinformation 85 Aine 22-Aug-19 12:45
Re: Aines Normal Disinformation 85 adequatedane 22-Aug-19 19:36
Re: Aines Normal Disinformation 79 Aine 22-Aug-19 22:21
Re: Aine Lies 91 adequatedane 22-Aug-19 22:54
Thomas's question: Is Donald really bonkers? 109 drrayeye 22-Aug-19 00:32
From the "pros", lul 104 Buck 45 22-Aug-19 00:43
Did it all for you 98 drrayeye 22-Aug-19 01:58
Visit an echo chamber? 96 Buck 45 22-Aug-19 03:21
I'm no mental health professional 86 drrayeye 22-Aug-19 05:14
Clearly 97 Buck 45 22-Aug-19 22:59
Mental health 85 drrayeye 23-Aug-19 01:34
Re: Mental health 99 Sirfiroth 23-Aug-19 16:32
Re: Mental health 105 Aine 23-Aug-19 16:57
CDC Mental health advice for cowboys 101 drrayeye 24-Aug-19 03:08
Re: About what I expected 121 OCaptain 22-Aug-19 12:28
zzzz 105 Buck 45 22-Aug-19 23:11
Talk to NASA and the IPCC 87 drrayeye 23-Aug-19 01:36
Re: Talk to NASA and the IPCC 141 Archaic 23-Aug-19 01:48
Way better 102 drrayeye 23-Aug-19 08:35
Re: zzzz 96 OCaptain 23-Aug-19 11:35
But it's your faith?! 90 Buck 45 23-Aug-19 22:13
Re: But it's your faith?! 91 OCaptain 24-Aug-19 12:17
Denmark and Greenland 79 greengirl5 30-Aug-19 00:13
Re: Denmark and Greenland 90 Aine 30-Aug-19 00:43
Re: Get the straitjacket and padded cell ready 121 Lee McGiffen 22-Aug-19 13:10
Duuuuuuumb 124 Archaic 22-Aug-19 23:11
Re: Duuuuuuumb 106 Aine 22-Aug-19 23:57
Re: Duuuuuuumb 113 Archaic 23-Aug-19 00:02
Re: Get the straitjacket and padded cell ready 112 muppedo 23-Aug-19 22:43
Re: Get the straitjacket and padded cell ready 102 Aine 24-Aug-19 02:04
Re: Get the straitjacket and padded cell ready 106 muppedo 25-Aug-19 02:42
Frank Herbert's prescience on Trump 133 Lee McGiffen 24-Aug-19 13:28
Re: Frank Herbert's prescience on Trump 123 Aine 24-Aug-19 19:28
Cenk Uygur on Trump's Lunacy 104 Lee McGiffen 29-Aug-19 04:01
Re: Get the straitjacket and padded cell ready 100 Lost_In_Place 30-Aug-19 08:53
Re: Get the straitjacket and padded cell ready 97 Aine 30-Aug-19 16:50
Mar-a-Key Largo, starring Donald Trump 90 Lee McGiffen 02-Sep-19 09:16


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