Post #66267 by Steve203 on the US Policy board

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...but the market flies. The NeoCons are back in charge.

US factory sector contracts for 10th straight month in December

WASHINGTON, Jan 5 (Reuters) - U.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald Trump's import tariffs.

The ISM said its manufacturing PMI dropped to 47.9 in the final month of 2025, the lowest level since October 2024, from 48.2 in November. ⁠A reading below 50 indicates contraction in manufacturing, which accounts for 10.1% of ‌the economy.

It was the 10th straight month that the PMI remained below the 50 threshold. Economists polled by Reuters had forecast the PMI would be little changed at 48.4. The PMI remained above 42.3, a level that ISM said over time was consistent with an expansion of the overall economy.

https://finance.yahoo.com/news/us-factory-sector-c...

But that doesn't matter. The ISM will probably be investigated for "un-American activity".

Behold the American Collusion! Astride the world, looting as it pleases, because the NeoCons are entitled to everything.

/sarcasm

Steve

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US factory sector contracts for 10th straight month in December

Yup...

"Under Trump we will have peace and prosperity!" ~LukerMom
(0 for 2 LurkerMom, you got played again!)

"The manufacturing sector is sick. Manufacturing does not appear to be responding well to Trump's economic policies," said Carl Weinberg, chief economist at High Frequency Economics."

"In the current environment, our company is struggling with customer orders and financially overall," one manufacturing executive told ISM. "Our senior leaders are struggling to focus our business and get the company on track with quality products. In November, layoffs impacted about 9% of our workforce, affecting all locations in the U.S. and Europe."

https://www.morningstar.com/news/marketwatch/20260...

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