The Family Firm Blog

Stagnation in American manufacturing continues

Posted by Nate Gendelman on 12/2/19 11:04 AM
Nate Gendelman

Stagnation in American manufacturing continues. ISM index falls to 48.1, below the "neutral" level of 50. Despite the resolution of the UAW strike, there was no improvement in November. I suppose when Boeing resumes shipping the 737 Max, the overall numbers will improve. But nevertheless, the effects of the trade wars and poor business confidence continue to manifest themselves in data.