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Manufacturing Unexpectedly Contracts in November
FoxBusiness.com ^ | 12/3/2012 | Reuters

Posted on 12/03/2012 7:46:33 AM PST by mykroar

Edited on 12/03/2012 7:47:28 AM PST by Admin Moderator. [history]

U.S. manufacturing unexpectedly contracted in November, falling to its lowest in over three years in a sign the sector may be struggling to gain traction, according to an industry report released on Monday.

The Institute for Supply Management (ISM) said its index of national factory activity fell to 49.5 in November from 51.7 the month before. The reading was shy of expectations of 51.3, according to a Reuters poll of economists.


(Excerpt) Read more at foxbusiness.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: bho44; bhoeconomy; business; manufacturing; ssdilowiqlottoscam; thebellcurve; theresthatwordagain; unexpected; unrespected
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Not an excerpt - that's the whole article.

Unexpectedly

Everyone drink.

1 posted on 12/03/2012 7:46:37 AM PST by mykroar
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To: mykroar

Unexpectedly, again.


2 posted on 12/03/2012 7:48:30 AM PST by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: mykroar

My liver isn’t going to make it for another four years.


3 posted on 12/03/2012 7:48:30 AM PST by dfwgator
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To: mykroar

4 posted on 12/03/2012 7:48:43 AM PST by bolobaby (Hostess closes? Atlas just shrugged in yo' faces, union beyotches!)
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To: mykroar
So conveniently left out of news cycle prior to election, even though it did tally ALL of November!

Obama is a sham, yet many of the same idiots that voted for him returned him for a second round of raping America.

5 posted on 12/03/2012 7:49:04 AM PST by zerosix (Native sunflower)
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To: mykroar

WORST reading since July 2009!

http://confoundedinterest.wordpress.com/2012/12/03/greece-offers-to-buy-bonds-to-reduce-debt-load-soveregin-yield-decline/


6 posted on 12/03/2012 7:49:18 AM PST by whitedog57
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To: mykroar

Not according to the Obama Economy cheerleaders on CNBC. LOL


7 posted on 12/03/2012 7:52:32 AM PST by headstamp 2 (What would Scooby do?)
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To: mykroar

Doh! Our new orders stopped the day after the election!


8 posted on 12/03/2012 7:55:01 AM PST by afraidfortherepublic
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To: dfwgator

Buy some Pepsi. They quit using that cockamamie Semtyx where aborted baby kidney cell cultures were supposed to be able to tell them, sans taste test, how good their colas were. Reward them for seeing the light.

At least this showed up while the tax debates between the House and the Rats are still raging.


9 posted on 12/03/2012 7:55:57 AM PST by HiTech RedNeck (How long before all this "fairness" kills everybody, even the poor it was supposed to help???)
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To: mykroar

10 posted on 12/03/2012 7:58:25 AM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: mykroar
You know what would help restart manufacturing in America?

Why, a great big fat TAX INCREASE, that's what!!!!

C'mon, everybody - sing along with me: "Happy Days are here again, the skies above are clear again...."

11 posted on 12/03/2012 8:00:08 AM PST by andy58-in-nh (Cogito, ergo armatum sum.)
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To: mykroar
DRINK!
12 posted on 12/03/2012 8:03:12 AM PST by Obadiah (How do you know that the light at the end of the tunnel isn't a muzzle flash?)
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To: bolobaby

Is it the guy with the FOUR arms. Just a guess you know.


13 posted on 12/03/2012 8:03:12 AM PST by prof.h.mandingo (Buck v. Bell (1927) An idea whose time has come (for extreme liberalism))
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To: mykroar

Unexpectedly

Everyone drink.

Beat me to it.


14 posted on 12/03/2012 8:04:20 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: andy58-in-nh

Specially a tax increase focused on little businesses! Hey get with the programs, get those misers off their dimes!

These Rats have the cheek of a girl who murdered her parents then went begging for mercy as an orphan.


15 posted on 12/03/2012 8:04:20 AM PST by HiTech RedNeck (How long before all this "fairness" kills everybody, even the poor it was supposed to help???)
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To: mykroar

***...in a sign the sector may be struggling to gain traction,...***

‘May’ be struggling?? As if we’re not really sure...could be other factors involved...could be Paul Ryan...


16 posted on 12/03/2012 8:06:18 AM PST by MichaelCorleone ('We the People' can and will take this country back...starting today.)
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To: prof.h.mandingo

LOL! Nice!


17 posted on 12/03/2012 8:10:22 AM PST by bolobaby (Hostess closes? Atlas just shrugged in yo' faces, union beyotches!)
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To: andy58-in-nh

“Why, a great big fat TAX INCREASE, that’s what!!!!”

Hey, if the Democrats can supply that, and the Republicans can supply a World Free Trade Agreement so that labor costs are comparable in the US, Uganda and Uruguay, we will be sitting pretty.


18 posted on 12/03/2012 8:16:53 AM PST by Psalm 144 (Not so "commanding", not so "inevitable".)
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To: mykroar

Totally. No one saw this coming.... /s


19 posted on 12/03/2012 8:22:54 AM PST by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: mykroar
Unexpectedly? What bull shite!

Photobucket

20 posted on 12/03/2012 8:25:20 AM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: mykroar

Only unexpected for the Obama Kool-Aide drinkers.


21 posted on 12/03/2012 8:26:34 AM PST by Blood of Tyrants (Why is the government more concerned about protecting a microbe on Mars than an unborn baby here?)
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To: mykroar
Unexpected by whom?

Not unexpected here at Free Reppublic.


22 posted on 12/03/2012 8:30:51 AM PST by Iron Munro (Big Moo & Bronco 'Bama = Robbing From The Hood and Boy Blunder)
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To: mykroar
...I didn't see that coming. I would even venture to say it was
unexpected!

23 posted on 12/03/2012 8:34:15 AM PST by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: dfwgator
My liver isn’t going to make it for another four years.

LOL!!!! Ain't that the truth!

24 posted on 12/03/2012 8:35:08 AM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: BenLurkin

25 posted on 12/03/2012 8:39:10 AM PST by dfwgator
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To: mykroar

I sold tons of stock the day after the election.

“Unexpectedly” my a$$.


26 posted on 12/03/2012 8:43:47 AM PST by Uncle Miltie (Working is for suckers.)
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To: mykroar

:: index of national factory activity fell to 49.5 ::

IOW, American Industry is under-utilized by half.

By liberal-think, this should generate several hundred thousand jobs in December....


27 posted on 12/03/2012 8:48:44 AM PST by Cletus.D.Yokel (Bread and Circuses; Everyone to the Coliseum!)
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To: MichaelCorleone

Or GEORGE BUSH! Clearly, this is all Bush’s fault! No president could possibly expect to recover from mistakes of such magnitude in only 8 years, so in 2016, we’re just going to have to ignore the Constitution and give Obama 4 more years.


28 posted on 12/03/2012 8:49:28 AM PST by Cato in PA (May America reap the rotten fruit of the demon seed it's sown.)
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To: Cato in PA
Won't need to ignore the Constituitin, although he will.

“Will George W. Bush end up being the last true US President?” asked Sher Zieve, writing for the Canadian Free Press on January 14. “As I warned you on multiple times prior to the 2008 General Election, ‘once Obama is elected, we won’t be able to get rid of him.’ Tragically, this warning is now being realized. Not only has Obama established his election-fraud organization — ACORN — nationwide, his adherents have now begun the process to repeal the US Constitution’s 22nd Amendment.”
29 posted on 12/03/2012 8:52:51 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: mykroar

30 posted on 12/03/2012 8:57:32 AM PST by SoFloFreeper
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To: Cletus.D.Yokel
IOW, American Industry is under-utilized by half.

Not really. This ISM number attempts to measure whether economic activity in the manufacturing sector is expanding or contracting.

You are thinking of the "capacity utilization" number, that is calculated by the Federal Reserve, and not the ISM.

31 posted on 12/03/2012 8:57:32 AM PST by 1rudeboy
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To: mykroar

I am going to become an economist. Is there any other profession where you are paid to be wrong 100% of the time?


32 posted on 12/03/2012 8:57:51 AM PST by FerociousRabbit
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To: 1rudeboy

Thanks for the “unexpected” correction.

...(now, where’d I leave my bourbon?)...


33 posted on 12/03/2012 9:07:53 AM PST by Cletus.D.Yokel (Bread and Circuses; Everyone to the Coliseum!)
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To: FerociousRabbit

“I am going to become an economist. Is there any other profession where you are paid to be wrong 100% of the time?”

Well, yes, you could write articles for the Wall Street Journal about how 2013 is going to be a banner year for economic growth and employment (as they have been doing lately). For that matter, you could be just like most members of the media, including Bob Costas at halftime of football games.


34 posted on 12/03/2012 9:09:08 AM PST by BlueStateRightist (Think of how stupid the average person is, and realize half of them are stupider than that.)
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To: mykroar

four more years of the “unexpected”

DRINK!


35 posted on 12/03/2012 9:17:33 AM PST by TexasFreeper2009 (Obama lied .. the economy died.)
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To: mykroar

What we really need now is a higher tax rate, a lower AMT trigger, and a super expensive government takeover of healthcare


36 posted on 12/03/2012 9:24:11 AM PST by Scotswife
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To: mykroar

“Unexpectedly “

After a mysterious absence in the September-November time frame, it reappears!!!!


37 posted on 12/03/2012 9:26:39 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: mykroar

Well, he who doesn’t expect anything isn’t likely to be disappointed.


38 posted on 12/03/2012 9:29:45 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: BlueStateRightist

I stand corrected!


39 posted on 12/03/2012 9:39:46 AM PST by FerociousRabbit
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To: mykroar

That is a huge miss.

The major layoffs in 2008 occurred after the polls indicated that Obama was the likely winner.

I bet that this is more of the same: companies anticipating a huge hit to business as a result of the next 4 years of anti-business attitude of the Dems - before this time, they had a hope for a more pro-business envirnoment.


40 posted on 12/03/2012 9:49:14 AM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: mykroar

Surprise!

41 posted on 12/03/2012 9:56:06 AM PST by P.O.E. (Pray for America)
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To: mykroar
Well, Duuuuuuhhhhhh

Funny how 99% of us on FR can predict stuff that surprises the LSM....

42 posted on 12/03/2012 10:14:05 AM PST by GraceG
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To: AFPhys
I bet that this is more of the same: companies anticipating a huge hit to business as a result of the next 4 years of anti-business attitude of the Dems - before this time, they had a hope for a more pro-business envirnoment.

You have no idea. I am someone with a background that I can relate to a number of industries. People tell me things and I see no good news. Maybe I'll post to you privately later for the 411....

The most recent. A friend asked a restauranteur ( with many store-fronts if you will ) what are you doing after 12/31? The response was I will be the only full time employee, everyone else 28 hrs. He also said I worked to hard to get all this, I am not playing his games...

43 posted on 12/03/2012 10:18:10 AM PST by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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To: mykroar

Unexpectedly?

Who are they kidding?


44 posted on 12/03/2012 10:21:43 AM PST by metmom (For freedom Christ has set us free; stand firm therefore & do not submit again to a yoke of slavery)
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To: FerociousRabbit
I am going to become an economist. Is there any other profession where you are paid to be wrong 100% of the time?

Meteorology?

You could also go into weather forecasting....

45 posted on 12/03/2012 10:25:21 AM PST by metmom (For freedom Christ has set us free; stand firm therefore & do not submit again to a yoke of slavery)
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To: mykroar
Timothy Geithner yesterday on Meet The Press:

GREGORY: When you look at the economy overall, growth at 2.7 percent last quarter. How does the-- the economy get out of this slump? What is our economy doing well right now? What are we not doing as well as a country to deal with our economy?

MR. GEITHNER: Good question. The economy now is actually looking quite resilient. If you look at what’s happening in energy, enormous boom. In agriculture, even with the drought, you’re seeing incredible levels of income to farmers, which is really welcome. In manufacturing, one of the strongest periods in manufacturing revival that we’ve seen in almost a generation, not just in autos, and not just in high tech, but comprehensibly across that. We’re showing American companies very competitive, very resilient, and companies are bringing back production from China and Mexico because this is looking like a much stronger country in which to invest and build. That’s-- those are very encouraging signs for the American economy. And the people running America’s businesses would say they’re in the strongest position they’ve been in maybe a decade in terms of the ability they have to expand and grow. And if we are able to lift this threat of big tax increases on middle class Americans, lift this threat of periodic threats of default, lift this threat of badly designed deep-- the severe austerity on the spending side up front; then I think there’s enormous potential for the American economy to grow faster going forward. And that’s what the president heard from the leaders of America’s businesses this week.

-PJ

46 posted on 12/03/2012 10:35:54 AM PST by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: FerociousRabbit
Meteorologist?
47 posted on 12/03/2012 10:36:53 AM PST by mykroar (BAD-ANON: One Game At A Time)
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To: AFPhys

This is a problem for the dims. They are planning on blaming the coming recession on failed fiscal talks and the GOP taking us off the cliff. It’s clear we are already in a contracting economy because the Obama Plan has failed.

The presstitues will have to do some serious tap dancing now to clean up this mess.


48 posted on 12/03/2012 10:43:22 AM PST by lodi90
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To: taildragger

You have no idea. I am someone with a background that I can relate to a number of industries.


I have heard the same from a CPA who has many small business clients. Kenyancare is going break hard.


49 posted on 12/03/2012 10:46:37 AM PST by lodi90
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To: Timber Rattler

My, my....
This unexpected news is surely unexpectedly unexpected!

Anyone know when the revised revision of the revision comes out?


50 posted on 12/03/2012 10:52:12 AM PST by tcrlaf (Well, it is what the Sheeple voted for....)
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