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To: 2ndDivisionVet

We are actually currently in a technical manufacturing recession. Industrial production in the Manufacturing sector declined in 1Q19 and 2Q19 and again in July.
https://fred.stlouisfed.org/series/IPMAN
Transportation is also seeing serious declines in volumes.
https://www.cassinfo.com/freight-audit-payment/cass-transportation-indexes/cass-freight-index


12 posted on 08/18/2019 12:40:21 AM PDT by oincobx
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To: oincobx

We are not in a manufacturing recession. Recession implies negative growth for two straight quarters, not declining production lol.

Since Trump entered the scene, Manufacturing jobs are way up...a massive turnaround. The trend is up, despite the rest of the world being in or near recession - and an incompetent Fed raising rates.


13 posted on 08/18/2019 1:21:54 AM PDT by rbmillerjr
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