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 now that a deal is being struck with China, manufacturing will soar just in time for the 2020 election
Win win
>>>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.
The data series is seasonally adjusted to take those factors into account.
>>>You expect a huge downturn in economic growth or what?
No, the Consumer is doing fine. I just expect manufacturing to remain weak as a result of slowing oil and gas drilling activity and continued uncertainty around tariffs that is slowing CAPEX.