U.S. Manufacturing Capacity Increases for 16th Month in a Row

The Wall Street Journal ^ | October 16, 2018 | Sarah Chaney

[familyop]

The whole article is behind the link this time (Brave browser, scripts off).

Yes, it's from October. But some posted facts will neutralize the chatter coming from southeast Asia.

First base. Batter up! MAGA!

[JoSixChip]

Why does the stock market hate America? The economic numbers are great, the markets are down?

[DIRTYSECRET]

It’s the Fed. Trump is pedal to the metal. There will be damage to the extremities but it’s necessary.

[familyop]

The answer to those questions would be very long and include many causes. To add a speck of light to the confusion generally seen from news organizations, some market indexes include manufacturing based in the U.S. but with actual production happening overseas. Other reports come from surveys of manufacturing on U.S. soil.

Wall Street is loaded with import interests, and a large portion of investors derive their incomes from the various levels of government in bed with foreign national interests—mostly anti-Trump interests.

[familyop]

ISM: U.S. Manufacturing Growth To Continue Throughout 2018
https://www.inddist.com/news/2018/05/ism-us-manufacturing-growth-continue-throughout-2018

[lilypad]

I ask that question over and over. Something seems weird. There’s always some flimsy stupid excuse. I swear that someone is trying to sink the market and blame Trump so he can’t take credit for a great economy. This is killing our retirement.

[The Westerner]

First order of business for President Trump was bringing manufacturing back from China. Many years ago, probably when Clinton was President, the Chinese bought and packed up our shuttered steel mills. It has since been one of my nightmares that the US couldn’t fight a world war without Chinese manufacturing.

I’m very patient. If our steel mills are put back to work, and coal mines, and oil production, then we have a better chance of stalling the onset of the next world war. With Mattis quietly going about rebuilding the Armed Forces, maybe my grandchildren will have a future to fight for.

Maybe.

[familyop]

5 DEC 2018
US Steel Imports Down
https://www.ssyonline.com/news-events/posts/2018/december/us-steel-imports-down/

[familyop]

Steel Imports Down 11% Year-to-Date Through October
American Steel Institute
November 27, 2018
https://www.steel.org/news/2018/11/october-2018-steel-imports

[The Westerner]

Steel as in ammo, tanks, guns. I’m watching the steel industry closely. The Great Lakes are humming now. Trump’s administration green lighted a long delayed repair to one of the big locks that ships pass through in Ste St Marie. I believe it was 30 years past due for expansion/repair. Trump is working on the fundamentals this term.

[The Westerner]

Of all the disheartening news, this particular stat brings joy to my heart. I know that the next Socialist Democrat President will do everything possible to finish what the previous 4 Presidents began. Let’s hope our President desires to fight for a second term and that we can give him the support he’ll need to win it.

[semimojo]

If our steel mills are put back to work, and coal mines, and oil production, then we have a better chance of stalling the onset of the next world war.

I don't think our next big war is going to depend on steel and oil like the ones early last century.

[bigbob]

I used to track factory capacity utilization as an early indicator of industrial market softness, because when factoris have unused capacity they are not going to make new capital investments or purchase additional plants and equipment. In the early 2000s it was running less than 50% every month, look at it now:

Thanks to Trumponomics, manufacturing is returning to the US and new capex spending is occurring as factories need to expand. MAGA!

[rb22982]

Markets are still up huge from Nov 8, 2016. Corrections are normal and healthy. They are typically forward looking, and take it from first hand experience, they are worried a recession is coming.

[Revolutionary]

Markets are really reacting to the uncertainty of a dem House fighting against Trump. Lots of other things are being floated, but they are small compared to a dem House.

[cba123]

The Chinese just last month, set an all-time high in their trade surplus with America.

Biggest ever.

I know Trump has been focused on the issue, but we are currently running the largest trade deficit in recorded history with China.

Biggest ever. Between any two countries.

See for yourself:

https://census.gov/foreign-trade/balance/c5700.html

[familyop]

"Markets are really reacting to the uncertainty of a dem House fighting against Trump. Lots of other things are being floated, but they are small compared to a dem House."

Agreed, and that was our fault. We shouldn't let it happen again.

[Vaden]

It’s because they are beholden to the globalist/no-border/free-trade agenda.

[The Westerner]

Yes, there’s going to be rough times ahead, the price we must pay to extract ourselves from a new mutual assured destruction. Fundamentally, manufacturing is the core of a nation’s independence. Take a look at steel stats above.

[The Westerner]

Yes, heard that before, many times. As long as Mattis and his troops are well supplied, the cyber warriors are going to be equally important.

Personally, I watch shipping lanes, and who controls chokepoints.