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re: The Quiet Manufacturing Boom. Trump’s policies are working, but legacy media won’t show it
Posted on 8/17/26 at 11:33 am to loogaroo
Posted on 8/17/26 at 11:33 am to loogaroo
quote:
Specifically, that ISM reading stands at 55 now, well above the 50 mark, which signals expansion. It has been rising for seven months.
Full context
quote:
The ISM said its manufacturing PMI increased to 55.6 last month, the highest reading since May 2022, from 53.3 in June. Economists polled by ?Reuters had forecast the PMI would edge up to 54.0. The PMI this year has held above the 50 threshold, which indicates growth in the manufacturing sector.
Manufacturing, which ?accounts for about 9.4% of the economy, has been supported by businesses front-loading orders to avoid higher prices and shortages stemming from the war. An artificial intelligence buildout is also driving activity in the technology sector, blunting the ?hit on manufacturing from import tariffs.
With business inventories at very low levels, there is ample room for manufacturing to expand. The Fed reported last month that factory production grew at its fastest pace in four years in the second quarter.
Business inventories have ?declined for five straight quarters, the government reported last week.
quote:
The ISM survey's new orders measure rose to 56.7 last month from 56.0 in June. Export orders surged and unfinished work piled up, prompting factories to boost employment. A ?measure of manufacturing employment rebounded to 52.8, the highest level ?since August 2022, from 49.7 in June. Sixty ?percent of respondents reported their firms were hiring, while 40% indicated they continued to manage headcounts, the ISM said.
Strong demand is, however, running into supply constraints.
The survey's supplier deliveries index increased to 58.9 from 57.4 in June. A reading above 50 indicates slower deliveries. The lengthening in suppliers' delivery times likely contributed to the jump in the PMI last ?month, as it is normally associated with a strong economy and high demand.
Supply constraints meant inflation at the factory gate remained elevated last month, though the pace ?of increase slowed. The survey's gauge ?of prices paid for inputs slipped to a still-high 71.1 from 73.0 in June.
LINK
Posted on 8/17/26 at 11:36 am to theunknownknight
quote:
manufacturing = Data Centers = less future work
Not true. Those facilities will require workers. Plus, if these are not built here, they would be built in China.
Posted on 8/17/26 at 12:28 pm to loogaroo
quote:
Construction jobs related directly to factories and trade are soaring under President Donald Trump at 10 times the pace he inherited from former President Joe Biden.
Link?
Posted on 8/17/26 at 1:03 pm to wookalar1013
Posted on 8/17/26 at 1:04 pm to ronricks
quote:
Its the job of the Trump Administration to show this. They are so bad with messaging. Instead, we get Trump shitposting on Twitter and you guys lap it up.
Yet, you and your kind here on this forum have never come up with any better solutions for everything about which you disagree. All yall have to offer is criticism, disagreement, gas lighting, and negativity. And yall wonder why you have no credibility here.
Posted on 8/17/26 at 1:07 pm to loogaroo
quote:
America has added 93,000 such construction positions and counting
Mexicans finna eat
Posted on 8/17/26 at 1:27 pm to IMSA_Fan
quote:
Yet manufacturing jobs have fallen by about 50k since he’s taken office
That has a lot to do with foreigners being booted
Posted on 8/17/26 at 1:38 pm to loogaroo
I believe it. A good friend sells powder coated equipment and machinery to manufacturing plants and he has had a record year in sales
Posted on 8/17/26 at 1:42 pm to theunknownknight
quote:
manufacturing = Data Centers = less future work
What exactly do data centers manufacture?
You could just as easily say "manufacturing = electricity = less future work". The job market absolutely plummeted when power tools were invented, so I can see why you are so worried. The job market didn't even recover from industrialization until a few years ago, and now we have to deal with server farms taking our manufacturing jobs?!? The same jobs the TDS crew said were never coming back?!? Damn that Trump.
Posted on 8/17/26 at 1:47 pm to ThuperThumpin
quote:
U.S. manufacturing employment is still down 75,000 from when Trump was inaugurated for his second term and down 305,000 compared to the 15-year manufacturing employment peak in January 2023.
I wonder how much automation and robotics factor into this and in the future?
Posted on 8/17/26 at 1:47 pm to loogaroo
quote:
People are spending money, traveling, buying boats, 3/4 ton trucks, 30 foot toy haulers and jacked up ATVs. I know a guy that owns a Honda motorcycle/ATV dealership. They are breaking records.
I just love this logic as if we don't have the statistics on how over leveraged, in debt, and lack of financial savings your average American has.
Posted on 8/17/26 at 1:48 pm to TenWheelsForJesus
quote:
The same jobs the TDS crew said were never coming back?!?
That's not what was said. Not by everyone who disagrees with Bernie Sanders on tariffs, anyway.
What was said is that whether it be due to higher labor costs for re-shored jobs or tariffs, Americans would pay higher prices.
And they have been and they will continue to do so.
Posted on 8/17/26 at 1:50 pm to tadman
quote:
People keep complaining about "the state of the economy"... maybe I'm crazy but it feels like the economy is decent these days and we have a lot to be thankful for.
It was “decent” during Biden’s last year. We elected him to make it “great again”. I think he’s cleaning up a lot of messes that have accumulated, so I’m okay with it, but the natives are restless.
Posted on 8/17/26 at 2:21 pm to loogaroo
I was wondering if the underlying support article from Reuters was going to be posted here at some point, it's got such a great headline followed by some real doozies
quote:
"What we hear from purchasing managers is that the cost of everything coming in the door has gone up since oil prices jumped in early March," said Carl Weinberg, chief economist at High Frequency Economics. "Manufacturing companies will pass through those increased transportation costs as quickly as they can"
quote:
Susan Spence, the chair of the ISM Manufacturing Business Survey Committee, said 62% of the comments in last month's survey were negative and 38% were positive.
"Pricing volatility was mentioned in 57% of negative comments, the Iran war 43%, increasing lead times 22% and tariffs 18%," Spence said.
quote:
Some of the most negative comments were among primary metals producers, with one complaining there was "no normalcy in sight in the world of metals," adding that "it makes me yearn for the coronavirus pandemic chaos, which was more manageable than whatever this is that we are in."
quote:
Others noted that while business was at least better, the "components of good business are not." Manufacturers of electrical equipment, appliances and components reported that "the pricing volatility and lead-time extensions in this market are arguably ?worse than ?the pandemic era," adding that they were "seeing nothing but consistent upward trends for both pricing and lead times that show no signs of slowing down."
quote:
Price increases were reported for many commodities, including integrated circuits and memory components. Several products, including aluminum, copper, electrical components, rare earth components and semiconductors were scarce.
"With demand for AI still rampant, we expect electronics prices to keep goods inflation up this year," said Matthew Martin, senior U.S. economist at Oxford Economics. "Cost pressures for manufacturers will be sticky in the near term."
Posted on 8/17/26 at 2:34 pm to loogaroo
quote:Sounds like something written by a cheerleader.
But before considering the import of this shift, it’s important to look at the numbers, the verifiable on-the-ground data sets that prove this new reality. The most-watched gauge of productive activity, the ISM Manufacturing Index, just surged to a fresh four-year high. Specifically, that ISM reading stands at 55 now, well above the 50 mark, which signals expansion. It has been rising for seven months.
In addition, manufacturing employment is rising, similarly marking a new four-year record high. These jobs are high-paying, family-sustaining roles that make our whole society stronger, not part-time “hustles” or gig economy transitions.
Now for some reality...
June YoY numbers...
Posted on 8/17/26 at 2:38 pm to IMSA_Fan
quote:
Yet manufacturing jobs have fallen by about 50k since he’s taken office
Yet people say we are out of missiles and the factories cannot keep up! Nothing spurs a manufacturing surge like armed conflict...
Posted on 8/17/26 at 3:13 pm to tadman
quote:
People keep complaining about "the state of the economy"... maybe I'm crazy but it feels like the economy is decent these days and we have a lot to be thankful for.
One thing I don't see is the claim of high food prices. I shop every day and the amount of money I spend on food is low. All you have to do is shop wisely for the day's best prices and know how to cook. The price of eating out is very high but we never eat out.
This post was edited on 8/17/26 at 3:14 pm
Posted on 8/18/26 at 5:16 am to loogaroo
Tyson closing two locations
Manufacturing so strong that Tyson is shutting down two facilities.
Manufacturing so strong that Tyson is shutting down two facilities.
This post was edited on 8/18/26 at 5:16 am
Posted on 8/18/26 at 5:56 am to Bonkers119
quote:
Manufacturing so strong that Tyson is shutting down two facilities.
Anecdotal evidence!
I knew you would seethe at this report!
"The company will end operations at its Joslin, Illinois, beef facility and its Eagle Mountain, Utah, case-ready facility. Capacity from these locations will be moved to more strategically located facilities with ample capacity to grow. Additionally, Tyson Foods is pursuing the sale of its Pasco, Washington, beef facility. With these changes, the company will ramp back up a second shift at its Amarillo, Texas facility as cattle become available. Collectively, these changes will allow the company to maintain a similar level of cattle harvesting across a more efficient and modern network."
You scoured the internet for a counter example and this was the best you could do?
sad
Posted on 8/18/26 at 6:19 am to loogaroo
quote:
legacy media won’t show it
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