The PMI index is based on a survey of manufacturers about production, output, orders, inventory, pricing and other factors. A score below 50 on the index signifies the sector is contracting.
[3 out of 4 economists predict a U.S. recession by 2021, survey finds]
“If manufacturing isn’t in a recession, it is pretty close,” said Mark Zandi, chief economist for Moody’s Analytics.
A contraction in manufacturing can have large ripple effects across the economy, Zandi said. Factories that produce fewer goods tend to cut back on shipping and distribution, which affects transportation companies, warehouses, seaports and airports, he said.
Struggling manufacturers also have less need for general business services such as accounting, media and advertising. And when factories start reducing staff, those workers cut back on spending, hurting retailers and service providers, Zandi said.
14 comments:
They should be yours Lil Scotty as you plunge into the abyss with trumpian stupidity!!!!
The PMI index is based on a survey of manufacturers about production, output, orders, inventory, pricing and other factors. A score below 50 on the index signifies the sector is contracting.
[3 out of 4 economists predict a U.S. recession by 2021, survey finds]
“If manufacturing isn’t in a recession, it is pretty close,” said Mark Zandi, chief economist for Moody’s Analytics.
A contraction in manufacturing can have large ripple effects across the economy, Zandi said. Factories that produce fewer goods tend to cut back on shipping and distribution, which affects transportation companies, warehouses, seaports and airports, he said.
Struggling manufacturers also have less need for general business services such as accounting, media and advertising. And when factories start reducing staff, those workers cut back on spending, hurting retailers and service providers, Zandi said.
Broke Roger has not posted on his Facebook since August 13, 2019.
He posted Suicidial rants.
and the goat fucking unemployed loser rants
like a drunk cunt injun guteater with nothing but to do all day!!!!!
Just hope he's in treatment.
More Neil Young to answer Roger...
Old man, look at your life
You're nothing like you once were...
You fucks are truly in need of help!!!!!!
Yes, he needs help. A 66 year old broke white guy in .CA. .
He really crashed after mail order kicked him to the gutter.
She took at least half his income.
You truly remain a
goat fucking asshole!!!! ESAD you fuck
We show are concern for Roger.
Even that pisses of Denise.
as you plunge into the abyss
Sorry ace, but no abyss for me! Doing just peachy!
Same here doing great. Have a lovely wife and two achieving kids in college getting real degrees.
Debt free since 1999.
Yuge 457b retirement savings and a nice defined Benefit payment each month.
Were these Roger's last words?
Wouldn't surprise me, very sad case of TDS. But hopefully he'll pop up again recovered in a Trump2020 hat to prove it.
Miracles do happen.
KD said...
We show are concern for Roger.
We show ARE concern......you lying sack of shit.....you and your pig family are embarrassments to humanity....
Post a Comment