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US manufacturing gets as much as 35% of its production components from China. 89% of THAT comes from provinces currently shut down.

This means at 31% of production components for US companies is NOT on its way to us factories.

https://www.zerohedge.com/markets/supply-chain-disruptions-impact-global-growth-570-billion-growing

From Bloomberg via ZH.

What is the average manufacturing warehouse in the US? A week? And the supply line is probably another week.

The Lunar New Year shutdown was a month ago. And since then almost nothing has left the docks of China, at least the major ports.

If US factories are not feeling this by the end of this week...they will in two weeks.

All this is happening whether or not we have a single case in this country.

Shelves emptying in Italy. Prep now, don’t be the “Hey, there’s an epidemic in my neighborhood, let’s go where 100s of people are congregating right now.” Video at link Silver Report Uncut™ 🇺🇸 @silver_report · 50s Shelves stripped as #coronavirus panic sets in in #Milan #Italy #COVID19 #COVID19italia https://twitter.com/silver_report/status/1231710903533527041

Shelves emptying in Italy. Prep now, don’t be the “Hey, there’s an epidemic in my neighborhood, let’s go where 100s of people are congregating right now.”

Video at link
Silver Report Uncut
@silver_report
·
50s
Shelves stripped as #coronavirus panic sets in in #Milan #Italy #COVID19 #COVID19italia

https://twitter.com/silver_report/status/1231710903533527041

Good info.

The number I have not seen is: What % of US manufacturing production depends on at least one necessary* or functional* component that comes from China? This includes tools and dies used to make the product or a component in it.

In a pandemic, perhaps it is better to ask that question but as follows: What % of US manufacturing production depends on at least one necessary* or functional* imported component? Again, this includes tools and dies used to make the product or a component in it.

*For example, a plastic logo might be made in China, or made with a mold made in China. However, it is not functionally necessary (except to the Sales Dept!), and could perhaps be quickly replaced with a printed adhesive label that a US printer could provide - assuming their machinery is US made!

Some items like plastic totes are made in the USA, but are the tools they are made with made here?

And so on.

A lot of consumer products are NOT necessary or “immediately necessary”, so efforts can be made to focus on, say, life critical items 1st. I think most manufacturers would voluntarily comply, but as much as I hate to say it, this could literally become a martial law type situation. Thank God we (at least for now) do not have any of these would-be dictators on the left for our President.