Posted on 07/01/2020 4:37:34 PM PDT by Forgiven_Sinner
Factory activity in the U.S. surged higher than expected in June, suggesting that the broader economy grew for the second consecutive month after April’s contraction.
The Institute for Supply Management’s index of manufacturing activity jumped 9.5 percentage points to 52.6 in June. The gauge of new orders rose 24.6 points to 56.4, the largest ever monthly increase. The production component of the index also rose by more than 24 points to 57.3.
The Purchasing Managers Index is constructed from the results of surveys of executives in manufacturing businesses.
Economists had expected a reading of 49, with the highest estimate in those surveyed by Econoday 51.5. June’s score was the best since April of 2019.
(Excerpt) Read more at breitbart.com ...
There's a lot of that going around.
America is tired of depression bullshit
SSSSHHHHHHH
Don’t tell anyone. It’s supposed to be a secret.
Must shut down economy!
/’Rats
All we need is the Government to get out of the way.
I bought an automobile in June. Made in Indiana. Just doing my part to keep the economy going.
I believe it! I’ve ordered three American made appliances in the last two months. Still waiting on the dishwasher. Sold out. Hopefully others are using their stimulus check to buy American as well.
Yep. We’re eyeing a new F250 to pull the camper. Heard some negative things about the aluminum body though.
The Aluminum body is great. I love it...
Had to push back the start of 3 new homes until mid July. The lumber is backordered... Oh well, got some remodeling jobs to do...
I’ve heard that the price of used vehicles is up because the sales of new vehicles is so strong they think there may be shortages.
Just WHO does this ‘expecting’ stuff anyway??
We were glad to sell it to you!
Enjoy! (Before the gas prices go back up thru the roof!)
...price of used vehicles is up ...
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We bought one in April from a small local dealer. Actually had been his vehicle! So far so good and so was the price.
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