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It’s Hard! US Manufacturing PMI Collapsed In June
Confounded Interest ^ | 07/01/2024 | Anthony B. Sanders

Posted on 07/01/2024 8:56:16 AM PDT by Kaiser8408a

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1 posted on 07/01/2024 8:56:16 AM PDT by Kaiser8408a
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To: Kaiser8408a
I've noticed a hard downturn in the economy this month.

Brace yourself.


2 posted on 07/01/2024 8:58:31 AM PDT by Lazamataz (joesbucks is back. Let's remedy that! 😁)
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To: All

I think we need some more regulations to help businesses out. They need more hurdles.


3 posted on 07/01/2024 8:59:02 AM PDT by BipolarBob (Bidens uncle's cannibals ate my support dingo.)
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To: Kaiser8408a

The crash is starting to hit even Austin, TX. Construction slowdown coming. I have my sources (fluently bilingual here).


4 posted on 07/01/2024 8:59:22 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Kaiser8408a

But it was pretty good from 10am-4pm!


5 posted on 07/01/2024 9:00:25 AM PDT by aynrandfreak (Being a Democrat means never having to say you're sorry)
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To: Kaiser8408a
It’s Hard! US Manufacturing PMI Collapsed In June

If President Trump prevails, he will have a very hard road ahead on several fronts; if the Crooked Mental Midget Biden manages to steal another election, he will just declare that things are fine and "put a lid on it".

6 posted on 07/01/2024 9:05:24 AM PDT by The Sons of Liberty (Is that Joe's diaper, or the STENCH of his TREASON?)
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To: BipolarBob

Business person: These regulations are killing me.
Democrats: Too bad. Here are even more regulations.

And that’s one reason (of many) why many American businesses are relocating overseas.
🙁


7 posted on 07/01/2024 9:11:13 AM PDT by Leaning Right (The steal is real.)
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To: Lazamataz

I am so...... dunno


8 posted on 07/01/2024 9:12:47 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Kaiser8408a

PMI? ISM?

Institute of Supply Management (ISM)

Purchasing Managers Index (PMI)


9 posted on 07/01/2024 9:16:37 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Leaning Right
Business person: These regulations are killing me.
Democrats: Too bad. Here are even more regulations.

Actually, it's more like:

Business person: These regulations are killing me.
Democrats: Here is a regulation gagging you from complaining about regulations.

10 posted on 07/01/2024 9:17:27 AM PDT by Lazamataz (joesbucks is back. Let's remedy that! 😁)
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To: Leaning Right

Regulators’ motto: We’re not happy until you’re not happy.


11 posted on 07/01/2024 9:19:08 AM PDT by kosciusko51
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To: Kaiser8408a

“These headwinds persisted into June”

Ah, those headwinds.


12 posted on 07/01/2024 9:28:06 AM PDT by cymbeline (we saw men break out of a concentration camp.”)
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To: MeneMeneTekelUpharsin

These are the top ten metro housing markets in the country for building Permits year to date for 2024:

Dallas/Ft Worth 25M
Houston 23M
NYC 22M
Phoenix 17M
Atlanta 14M
Austin 10M
Tampa 8M
Charlotte 8M
WA DC 8m
LA 7M

Austin is only down 4% in comparison to 2023.
Dallas, Houston, Tampa, Atlanta, DC and NYC are all UP in permits in comparison to 2023.
NYC is up 61%. I suspect that is a lot of office space getting converted to apartments.


13 posted on 07/01/2024 9:40:10 AM PDT by woodbutcher1963
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To: Carriage Hill

Yeah, Private Mortgage Insurance was all that came to mind.


14 posted on 07/01/2024 9:46:59 AM PDT by NonValueAdded ("There should have been an age and risk stratification approach." still true)
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To: Kaiser8408a

Completely....EXPECTED!


15 posted on 07/01/2024 9:56:25 AM PDT by Tom Tetroxide
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To: Kaiser8408a

Gold/silver should be going through the roof. But they are not. What gives?


16 posted on 07/01/2024 9:59:33 AM PDT by Salvavida
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To: Kaiser8408a

More good news.


17 posted on 07/01/2024 10:12:07 AM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: Salvavida

“Gold/silver should be going through the roof. But they are not. What gives?”

Gold and Silver should be flat at best.


18 posted on 07/01/2024 10:13:33 AM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: Salvavida

Bitcoin has taken their place.
Easier to transport.

I knew a guy who had a pallet of silver delivered to his house back in the 1980s. I was like, what are you going to do with that? You could have bought ONE bar of gold.


19 posted on 07/01/2024 10:26:23 AM PDT by woodbutcher1963
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To: Kaiser8408a
The only thing holding up the USA economy is 15 million new illegal immigrants - plus - $300 billion dollars of new debt to feed them, house them, Medicaid them, educate them, etc.
20 posted on 07/01/2024 10:32:16 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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