Manufacturing employment has begun to decline.
https://fred.stlouisfed.org/series/NPPMNF
November PMI was 48.1, with New Orders, Production, and Employment Contracting.
https://www.instituteforsupplymanagement.org/ISMReport/MfgROB.cfm?SSO=1
Here is form your own link. the very first para of the article.
“and the overall economy grew for the 127th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.”
So, whats with it? You expect a huge downturn in economic growth or what?
Yes there will be contractions in manufacturing since they are entering the winter months. Besides that, inventory is full to cover whatever unexpected increase in orders over those winter months. So what do the manufacturers do? They slow up.
You know...like road reconstruction retracts in the winter months for example. Housing slows, etc.
So you prefer we lose more MANUFACTURING jobs to China?
MANUFACTURING jobs are primarily middle class jobs and the #1 creator of wealth.
Any other method by previous presidents worked better to prevent loss of manufacturing jobs, which are primarily middle class jobs?
Any idiot with 1 ounce of brain understands that china is not going to give up trade surpluses without a fight. Tariffs are the only weapon USA has to reduce trade deficits. And there will be lot of pain during a trade war. As the price of Chinese imports goes higher due to tariffs, competitive position of American manufacturing gains advantage. Of course this is not going to happen in one month or even one year. Because it takes lot of time and resources to set up new manufacturing infra-structure.
Bottom line: We are winning! Just look at Chinese economy status, it is very ugly. While our economy is doing very well.