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U.S. manufacturing, services sector PMIs improve in November
Market Watch ^ | 11/22/19 | Gregg Robb

Posted on 11/23/2019 5:28:33 AM PST by Redmen4ever

The numbers: IHS Markit said its U.S. flash manufacturing sector purchasing managers index rose to 52.2 in November from 51.3 in October.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy
KEYWORDS: business; economy; manufacturing
It seems we're in something of a slowdown with some numbers going down and others up. As tracked by IHS Market, manufacturing and services are now revived, having dipped a few months ago.
1 posted on 11/23/2019 5:28:33 AM PST by Redmen4ever
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To: Redmen4ever

Rush said yesterday that this was the second-longest manufacturing expansion in 50 years.


2 posted on 11/23/2019 5:34:24 AM PST by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix))
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To: Redmen4ever

I am in the heavy construction industry. The market has been generally steady and solid. Maybe monthly ups and downs but overall quite favorable. IMHO the domestic economy is in a pretty good position for employment and steady income growth.


3 posted on 11/23/2019 5:39:32 AM PST by cornfedcowboy
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To: cornfedcowboy

I also think that energy prices are the most important factor. They need to stay low and we will be in good shape.
Let’s face it, the national debt issue is a can that can be kicked down the road for a long long long time.


4 posted on 11/23/2019 5:42:39 AM PST by cornfedcowboy
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To: LS

I don’t know about the history of manufacturing. But, overall, we are in the longest period of sustained economic growth in U.S. history.

Jun 2009 to Oct 2019 (so far) - 123 months
Mar 1991 to Mar 2001 - 120 months
Feb 1961 to Dec 1969 - 106 months
Nov 1982 to Jul 1990 - 92 months
Jun 1938 to Feb 1945 - 80 months

https://www.nber.org/cycles.html


5 posted on 11/23/2019 5:51:12 AM PST by Redmen4ever (u)
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To: Redmen4ever

SIX MORE YEARS!!!


6 posted on 11/23/2019 7:41:28 AM PST by dangus
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To: cornfedcowboy

Energy prices almost can’t screw up the economy again. We just saw in the Iranian-Saudi-Yemeni situation why not: because production in very suppressed right now by cheap costs. Raise the cost, and production increases.

On top of that, keep in mind who’s currently sidelined: Venezuela, Iran AND Syria.


7 posted on 11/23/2019 7:46:57 AM PST by dangus
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To: Redmen4ever

Thanks. I’ll post this with credit.


8 posted on 11/23/2019 8:39:21 AM PST by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix))
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