How then do you explain the ISM index?
The 13 manufacturing industries reporting growth in January — listed in order — are: Apparel, Leather & Allied Products; Textile Mills; Machinery; Miscellaneous Manufacturing; Transportation Equipment; Paper Products; Nonmetallic Mineral Products; Computer & Electronic Products; Food, Beverage & Tobacco Products; Electrical Equipment, Appliances & Components; Wood Products; Fabricated Metal Products; and Plastics & Rubber Products. Furniture & Related Products is the only industry reporting contraction in January.
NOT Twinkies.
The point of this posting was to provide factual data, not conjecture about processed foods.
The point of this posting was to provide factual data, not conjecture about processed foods.Doesn't matter what you pretend the point is, processed food and processing food falls under the manufacturing category.
Trade deficit numbers just came out minutes ago....They are larger than expected
If we manufacture so much that we are number one this trade deficit number sure has me mystified. Maybe you can explain it to me
You named our manufacturing sectors
I would love to see how much each sector contributes to our total manufacturing. Processed foods is a huge sector and has replaced our steel sector in numbers for sure
In Bethlehem Pennsylvania where Bethlehem Steel cranked out steel to construct buildings and battleships. That mill is now a gambling casino operated by the Sands of Las Vegas. We replaced a sober producer economy with a casino style consumer economy exemplified by the house flipping mania that went bust