To: Wharf Rat who wrote (1145961 ) 7/1/2019 7:12:12 PM From: Sdgla Read Replies (1) | Respond to of 1583503 He could return home to Kenya ... of course here in the great USA we are booming with jobs for everyone that wants one regardless of color, or in your small slice, IQ. U.S. Manufacturing Growth Strong, U.S. Manufacturer Hiring Very Strong, Material Costs Lower (no tariff impact)… Posted on July 1, 2019 by sundance Today, July 1st, is the first day of the third quarter 2019. As typical some of the earliest economic reporting from June is released. One of the first reports comes from the Institute for Supply Management (ISM) as they compile the manufacturing sector. As noted in the ISM review, manufacturing growth remains strong with an overall index of 51.7 (anything above 50 is growth), and the results are stronger than initially predicted by the financial media (Wall Street). The manufacturing production index for June is 54.1 versus last month’s 51.3 (May); generally this means manufacturing outputs are growing, order backlogs are being reduced, orders are being fulfilled faster. This is an indication that new production investment is now coming on-line and delivering actual products from orders. In the past CTH had noted the heavy Main Street investment which began in 2017 would start to come on-line in Q2 2019, it generally takes about two years for a new manufacturing facility to start producing, and then increases in production efficiency follow. The ISM result shows we were pretty close with that forecast. Within the review there are particular notes for additional interest. First, the June manufacturing employment index is 54.5, very strong; (last month 53.7). In essence manufacturers are hiring at a fast rate. One cause is better weather (seasonal), and the majority cause is filling the jobs from new production facilities coming on-line. Continue reading ?