U.S. Manufacturing ‘Is In A Recession' - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title U.S. Manufacturing ‘Is In A Recession', We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : U.S. Manufacturing ‘Is In A Recession'
link : U.S. Manufacturing ‘Is In A Recession'

U.S. Manufacturing ‘Is In A Recession'

Market Watch: U.S. manufacturing ‘is in recession,’ Fed’s data show

The numbers: The U.S. factory sector declined in the three months ended in June, the second straight quarterly decline, the Federal Reserve said Tuesday.

For the second quarter, production was down 1.2% after a 1.9% decline in the first three months of the year. Manufacturing fell at a 2.2% rate in the second quarter after a 1.9% drop in the first three months of the year.

For June, industrial production was flat, slightly below the 0.1% gain expected by Wall Street economists.

Compared to 12 months earlier, industrial production rose 1.3%.

Capacity in use slipped to 77.9% in June from 78.1 in the prior month.

Read more ....

Update: US manufacturing sinks into recession amid trade wars (AFP)

WNU Editor: The media is blaming the trade wars for this recession, but the U.S. manufacturing industry has been significantly more impacted by the increase in interest rates than not being able to sell manufactured goods to China (who do not have a habit of buying U.S. manufactured goods anyway). Bottom line .... the US Fed will be dropping interest rates very soon, something that President Trump and a number of business leaders have been demanding for the past 6 months.

Thus Article U.S. Manufacturing ‘Is In A Recession'

That's an article U.S. Manufacturing ‘Is In A Recession' This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article U.S. Manufacturing ‘Is In A Recession' with the link address https://todaysand.blogspot.com/2019/07/us-manufacturing-is-in-recession.html

Tweet

Subscribe to receive free email updates: