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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 1444 Aine 21-Aug-19 16:38
Re: Get the straitjacket and padded cell ready 107 Warwick 21-Aug-19 16:47
Re: Get the straitjacket and padded cell ready 112 Aine 21-Aug-19 16:56
Re: Get the straitjacket and padded cell ready 107 OCaptain 21-Aug-19 17:27
Re: Get the straitjacket and padded cell ready 98 Warwick 21-Aug-19 17:32
Re: Get the straitjacket and padded cell ready 120 Aine 21-Aug-19 17:38
Re: Get the straitjacket and padded cell ready 90 Aine 21-Aug-19 17:34
Blood Libel 99 Archaic 23-Aug-19 01:03
Re: Blood Libel 90 Aine 23-Aug-19 15:14
Re: Blood Libel 84 Aine 23-Aug-19 15:39
Re: Blood Libel 79 Eddie Larry 23-Aug-19 15:56
Re: Blood Libel 83 Aine 23-Aug-19 16:08
Re: Blood Libel 74 Eddie Larry 23-Aug-19 16:15
Re: Blood Libel 69 Aine 23-Aug-19 16:26
Trump slaps retaliatory tariffs on Chinese goods 71 Eddie Larry 23-Aug-19 22:32
Re: Trump slaps retaliatory tariffs on Chinese goods 68 Aine 24-Aug-19 02:12
Re: Trump slaps retaliatory tariffs on Chinese goods 65 Eddie Larry 28-Aug-19 17:02
Re: Trump slaps retaliatory tariffs on Chinese goods 58 Aine 29-Aug-19 13:14
Re: Trump slaps retaliatory tariffs on Chinese goods 67 Nolondil 29-Aug-19 20:03
Re: Trump slaps retaliatory tariffs on Chinese goods 52 Eddie Larry 29-Aug-19 20:54
Re: Trump slaps retaliatory tariffs on Chinese goods 56 Nolondil 29-Aug-19 23:52
Re: Trump slaps retaliatory tariffs on Chinese goods 52 Eddie Larry 30-Aug-19 04:41
Re: Trump slaps retaliatory tariffs on Chinese goods 61 adequatedane 30-Aug-19 14:00
Recession Republicanism 64 Eddie Larry 30-Aug-19 14:33
Re: Recession Republicanism 56 adequatedane 30-Aug-19 18:39
Re: Recession Republicanism 55 Eddie Larry 30-Aug-19 19:09
Re: Recession Republicanism 51 adequatedane 31-Aug-19 13:23
Re: Recession Republicanismo 56 Eddie Larry 31-Aug-19 16:49
Re: Recession Republicanismo 53 Warwick 31-Aug-19 17:01
Re: Recession Republicanismo 50 Eddie Larry 31-Aug-19 17:13
Re: Recession Republicanismo 47 Warwick 31-Aug-19 17:43
Re: Recession Republicanismo 56 Eddie Larry 31-Aug-19 17:46
Re: Recession Republicanismo 56 adequatedane 01-Sep-19 14:05
Re: Recession Republicanismo 50 Eddie Larry 01-Sep-19 15:15
Re: Recession Republicanismo 51 adequatedane 01-Sep-19 15:29
Re: Recession Republicanismo 51 Eddie Larry 01-Sep-19 15:35
Re: Recession Republicanismo 54 adequatedane 02-Sep-19 12:43
Re: Recession Republicanismo 55 Eddie Larry 02-Sep-19 14:45
Re: Recession Republicanismo 48 adequatedane 02-Sep-19 20:29
Re: Recession Republicanismo 58 Eddie Larry 03-Sep-19 00:06
Re: Recession Republicanismo 49 adequatedane 03-Sep-19 14:01
Re: Recession Republicanismo 56 Aine 01-Sep-19 15:41
Re: Recession Republicanismo 54 adequatedane 01-Sep-19 22:59
Re: Recession Republicanismo 45 Aine 03-Sep-19 17:41
Automation 47 adequatedane 03-Sep-19 20:24
Re: Automation 59 Aine 03-Sep-19 22:20
Re: Recession Republicanismo 43 Eddie Larry 01-Sep-19 23:32
Re: Trump slaps retaliatory tariffs on Chinese goods 54 Aine 29-Aug-19 21:04
Re: Trump slaps retaliatory tariffs on Chinese goods 57 Eddie Larry 29-Aug-19 21:12
Re: Trump slaps retaliatory tariffs on Chinese goods 56 Aine 29-Aug-19 21:46
Re: Trump slaps retaliatory tariffs on Chinese goods 56 Eddie Larry 30-Aug-19 04:44
Re: Trump slaps retaliatory tariffs on Chinese goods 57 adequatedane 30-Aug-19 13:32
Re: Trump slaps retaliatory tariffs on Chinese goods 56 Nolondil 30-Aug-19 22:18
Re: Trump slaps retaliatory tariffs on Chinese goods 53 Eddie Larry 30-Aug-19 23:15
Re: Trump slaps retaliatory tariffs on Chinese goods 52 Eddie Larry 31-Aug-19 00:00
Re: Trump slaps retaliatory tariffs on Chinese goods 57 adequatedane 31-Aug-19 13:39
Re: Blood Libel 78 adequatedane 23-Aug-19 22:16
Re: Blood Libel 71 Aine 24-Aug-19 02:02
Re: Blood Libel 74 adequatedane 24-Aug-19 11:37
Re: Blood Libel 75 Aine 24-Aug-19 12:38
Re: Blood Libel 71 adequatedane 24-Aug-19 23:28
Re: Blood Libel 71 Aine 25-Aug-19 01:11
Re: Blood Libel 66 adequatedane 25-Aug-19 14:14
Re: Blood Libel 69 Aine 25-Aug-19 15:36
“American Factory” 72 Eddie Larry 25-Aug-19 15:45
Re: “American Factory” 64 Aine 25-Aug-19 16:35
Re: “American Factory” 75 Poster Boy 25-Aug-19 17:39
Re: “American Factory” 69 Aine 25-Aug-19 17:55
Japan Agrees to Purchase $7 billion in US Ag Products 72 adequatedane 25-Aug-19 17:24
Re: Japan Agrees to Purchase $7 billion in US Ag Products 77 Nolondil 25-Aug-19 22:46
Re: Blood Libel 99 Archaic 23-Aug-19 22:17
Re: Blood Libel 76 Aine 24-Aug-19 02:10
Re: Blood Libel 75 Archaic 25-Aug-19 11:26
Re: Blood Libel 94 Archaic 23-Aug-19 22:06
Re: Blood Libel 80 Aine 24-Aug-19 02:23
Re: Blood Libel 89 Archaic 25-Aug-19 11:27
Re: Blood Libel 68 OCaptain 26-Aug-19 10:36
Re: Blood Libel 61 Aine 26-Aug-19 22:30
Re: Blood Libel 71 OCaptain 27-Aug-19 02:20
Re: Blood Libel 66 Aine 27-Aug-19 13:22
Re: Blood Libel 69 Aine 28-Aug-19 00:05
Re: Blood Libel 62 Archaic 28-Aug-19 15:21
Re: Blood Libel 63 Aine 28-Aug-19 16:13
I know, I know! 69 Warwick 28-Aug-19 16:16
Re: I know, I know! 73 Archaic 29-Aug-19 14:06
Re: I know, I know! 57 Warwick 29-Aug-19 16:21
Re: I know, I know! 57 Aine 29-Aug-19 16:38
Re: I know, I know! 58 Warwick 29-Aug-19 16:59
Re: Blood Libel 54 Archaic 29-Aug-19 14:05
Re: Blood Libel 55 Archaic 28-Aug-19 15:20
Re: Blood Libel 70 drrayeye 26-Aug-19 22:57
Re: Get the straitjacket and padded cell ready 95 Racho 21-Aug-19 19:26
Re: Get the straitjacket and padded cell ready 81 Aine 21-Aug-19 19:31
Re: Get the straitjacket and padded cell ready 80 Warwick 21-Aug-19 19:42
Pragmatic...is that doublespeak for dishonest? 79 Racho 21-Aug-19 20:13
Re: Pragmatic...is that doublespeak for dishonest? 74 Aine 21-Aug-19 21:05
Re: Pragmatic...is that doublespeak for dishonest? 71 Racho 21-Aug-19 22:48
Re: Pragmatic...is that doublespeak for dishonest? 74 Aine 21-Aug-19 22:52
Re: Pragmatic...is that doublespeak for dishonest? 82 Racho 21-Aug-19 23:14
Re: Pragmatic...is that doublespeak for dishonest? 77 Aine 21-Aug-19 23:17
Re: Get the straitjacket and padded cell ready 78 Racho 21-Aug-19 18:41
Re: Get the straitjacket and padded cell ready 77 Aine 21-Aug-19 18:48
25th Amendment 85 Nolondil 21-Aug-19 21:14
Re: 25th Amendment 72 Aine 21-Aug-19 21:55
Oh Julia, you make us laugh.... 84 Buck 45 21-Aug-19 21:56
Re: Oh Julia, you make us laugh.... 86 Aine 21-Aug-19 22:07
About what I expected 87 Buck 45 21-Aug-19 22:36
Re: About what I expected 78 Aine 21-Aug-19 22:42
Whose panties be bunched? 83 Buck 45 22-Aug-19 00:35
Hodgetwins vs Lee 72 drrayeye 22-Aug-19 02:33
Hodges easy 70 Buck 45 22-Aug-19 03:13
You can lead a horse to water . . . 68 drrayeye 22-Aug-19 05:11
Re: About what I expected 77 Racho 21-Aug-19 23:24
Re: About what I expected 69 Aine 21-Aug-19 23:30
Aines Normal Disinformation 84 adequatedane 21-Aug-19 23:46
Re: Aines Normal Disinformation 74 Aine 21-Aug-19 23:57
Re: Aines Normal Disinformation 71 adequatedane 22-Aug-19 12:20
Re: Aines Normal Disinformation 64 Aine 22-Aug-19 12:45
Re: Aines Normal Disinformation 62 adequatedane 22-Aug-19 19:36
Re: Aines Normal Disinformation 65 Aine 22-Aug-19 22:21
Re: Aine Lies 65 adequatedane 22-Aug-19 22:54
Thomas's question: Is Donald really bonkers? 82 drrayeye 22-Aug-19 00:32
From the "pros", lul 81 Buck 45 22-Aug-19 00:43
Did it all for you 79 drrayeye 22-Aug-19 01:58
Visit an echo chamber? 80 Buck 45 22-Aug-19 03:21
I'm no mental health professional 74 drrayeye 22-Aug-19 05:14
Clearly 69 Buck 45 22-Aug-19 22:59
Mental health 70 drrayeye 23-Aug-19 01:34
Re: Mental health 73 Sirfiroth 23-Aug-19 16:32
Re: Mental health 75 Aine 23-Aug-19 16:57
CDC Mental health advice for cowboys 64 drrayeye 24-Aug-19 03:08
Re: About what I expected 91 OCaptain 22-Aug-19 12:28
zzzz 76 Buck 45 22-Aug-19 23:11
Talk to NASA and the IPCC 65 drrayeye 23-Aug-19 01:36
Re: Talk to NASA and the IPCC 101 Archaic 23-Aug-19 01:48
Way better 70 drrayeye 23-Aug-19 08:35
Re: zzzz 73 OCaptain 23-Aug-19 11:35
But it's your faith?! 68 Buck 45 23-Aug-19 22:13
Re: But it's your faith?! 68 OCaptain 24-Aug-19 12:17
Denmark and Greenland 56 greengirl5 30-Aug-19 00:13
Re: Denmark and Greenland 55 Aine 30-Aug-19 00:43
Re: Get the straitjacket and padded cell ready 95 Lee McGiffen 22-Aug-19 13:10
Duuuuuuumb 85 Archaic 22-Aug-19 23:11
Re: Duuuuuuumb 82 Aine 22-Aug-19 23:57
Re: Duuuuuuumb 92 Archaic 23-Aug-19 00:02
Re: Get the straitjacket and padded cell ready 73 muppedo 23-Aug-19 22:43
Re: Get the straitjacket and padded cell ready 77 Aine 24-Aug-19 02:04
Re: Get the straitjacket and padded cell ready 75 muppedo 25-Aug-19 02:42
Frank Herbert's prescience on Trump 105 Lee McGiffen 24-Aug-19 13:28
Re: Frank Herbert's prescience on Trump 98 Aine 24-Aug-19 19:28
Cenk Uygur on Trump's Lunacy 79 Lee McGiffen 29-Aug-19 04:01
Re: Get the straitjacket and padded cell ready 74 Lost_In_Place 30-Aug-19 08:53
Re: Get the straitjacket and padded cell ready 72 Aine 30-Aug-19 16:50
Mar-a-Key Largo, starring Donald Trump 64 Lee McGiffen 02-Sep-19 09:16


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