The ISM numbers came in for manufacturing and it is bad. What is most concerning is the new orders, which were down again. Obviously, this has impact upon how companies operate proceeding forward.
In this video we discuss how the numbers are starting to reflect what we talked about months ago. When looking at leading indicators, we see the true path revealed.
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BEERKING.it is difficult for new orders to come in since they first have to sell the merchandise that is in stock, now they agree with what they have been commenting on for some time in some of their other publications
I say everyone needs to learn 3D printing and how to use other types of CNC machines, lol. Decentralized manufacturing! LOL. There are plans for the farm, lol. But doesn't help with cars... Although I do plan on trying to mess with some bio fuels, lol so I can use my old cars and produce my own gas, lol.
Don't know what else to do, lol. Kind of is what it is at this point. Just hold on to our butts.
The numbers aren't great but I don't really consider this good news. I guess it could be if you compare it to the next report's numbers though. However, the economy will still be bad regardless.
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