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Manufacturing Output Unexpectedly Declines
Posted on 6/17/22 at 11:37 am
Posted on 6/17/22 at 11:37 am
Don't you love when they use a term that does NOT describe the mood?
Unexpectedly? Really?
LINK
Unexpectedly? Really?
quote:
American manufacturing output unexpectedly contracted in May, data from the Federal Reserve showed Friday, confirming indications of decline seen in regional Fed reports over the last month.
Manufacturing output declined by 0.1 percent in May, the Fed said in its monthly report on industrial output. Economists had been expected manufacturing output to climb 0.4 percent. Despite the decline, the index is still up 4.8 percent over the past 12 months.
Nondurable good manufacturing rose 0.1 percent, weaker than many analysts expected. Durable goods manufacturing fell 0.2 percent. Excluding cars and trucks, durable goods manufacturing fell 0.4 percent. A category of “other manufacturing,” which includes logging and publishing, fell 0.2 percent.
LINK
Posted on 6/17/22 at 11:38 am to Jjdoc
It's gotta be Putin's fault for this!
Posted on 6/17/22 at 11:39 am to Jjdoc
It's Transitory....or Putin's Output Decline. Or racism.
Posted on 6/17/22 at 11:40 am to Jjdoc
Until all Democrats are tarred, feathered and run out of Politics, we should stop using the word "unexpectedly".
Posted on 6/17/22 at 12:09 pm to Jjdoc
quote:
Manufacturing output declined by 0.1 percent in May
I don't trust the government to be able to even measure anything to that level of variance.
Posted on 6/17/22 at 12:15 pm to Jjdoc
quote:
Unexpectedly
What year is it? 2009?
Posted on 6/17/22 at 12:52 pm to the808bass
quote:
What year is it? 2009?
Posted on 6/17/22 at 1:36 pm to Jjdoc
Biden and his administration is filled with buffoons
Posted on 6/17/22 at 1:37 pm to oogabooga68
quote:
Until all Democrats are tarred, feathered and run out of Politics, we should stop using the word "unexpectedly".
Well, the term "unexpectedly" could certainly be used if Democrats ever were to be tarred, feathered, and run out of politics.
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