U.S. manufacturing at highest level in more than 14 years

U.S. manufacturing at highest level in more than 14 years
Trump Jobs Tracker (Image: CNN)

[Ed. – A detail of the Trump presidency the Left would rather not notice.]

The latest reading on America’s manufacturing activity has provided yet another piece of evidence that the U.S. economy is firing on all cylinders.

In August, economic activity in the U.S. manufacturing sector hit its highest level since May 2004, according to the Institute of Supply Management (ISM). The ISM’s August manufacturing index was 61.3, above the 57.7 economists were expecting, and also above July’s 58.1 reading.

According to ISM, sales of factory-made products, output and employment all increased in August, while inflation slowed.

Trending: Cartoon of the Day: In the bag

Recent tax cuts and strong consumer sentiment are positives for the U.S. economy, but manufacturers have expressed concerns about cost pressures due rising employee wages and supply chain inefficiencies. Additionally, survey participants voiced anxieties about how reciprocal tariffs will impact company revenue and current manufacturing locations.

Continue reading →

For your convenience, you may leave commments below using either the Spot.IM commenting system or the Facebook commenting system. If Spot.IM is not appearing for you, please disable AdBlock to leave a comment.

Commenting Policy

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.