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Author: Steve203 🐝  😊 😞
Number: of 80404 
Subject: "Revitalizing US industry"
Date: 06/23/26 5:00 PM
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No. of Recommendations: 3
Wow, aren't those tariffs working great?

Factory job cuts in June neared financial crisis and Covid levels, S&P says

“While there is better news from the manufacturing sector, we remain concerned as factory growth continues to be temporarily buoyed by inventory building amid supply fears. Supply delays grew more widespread in June,” said Chris Williamson, chief business economist at S&P Global Market Intelligence.

“Most worrying was the further fall in employment, notably in the manufacturing sector,” Williamson said. “Factory job cuts are running at the highest since 2009 if the pandemic is excluded, reflecting concerns over the sustainability of the recent upturn in demand alongside worries over the escalating cost of raw materials.”


https://www.cnbc.com/2026/06/23/factory-job-cuts-r...

Paging Baghdad Bob. Paging Baghdad Bob. You have another cluster to spin.

Steve
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