MelaniaTrump [undecided]

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Joined 5 years ago
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Cake day: September 11th, 2020

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  • https://breakingthenews.net/Article/ISM:-US-manufacturing-activity-declines-in-March/63837825

    The manufacturing activity in the United States returned to contraction in March, with the Purchasing Managers’ Index (PMI) going from February’s 50.3% to 49%, the Institute for Supply Management (ISM) said in its report published on Tuesday.

    Month-on-month, the New Orders Index fell from 48.6% to 45.2%. The Production Index decreased by 2.4 percentage points to 48.3%. The Employment Index plunged by 2.9 percentage points to 44.7%. On the other hand, the Prices Index soared by seven percentage points to 69.4%.

    “Demand and production retreated and destaffing continued, as panelists’ companies responded to demand confusion. Prices growth accelerated due to tariffs, causing new order placement backlogs, supplier delivery slowdowns and manufacturing inventory growth,” ISM Manufacturing Business Survey Committee Chair Timothy R. Fiore commented.

    So much for all the bragging the American government did last month: https://www.whitehouse.gov/articles/2025/03/manufacturing-is-roaring-back-under-president-donald-j-trump/

    “In one month under President Trump, the American economy is soaring back to greatness after the economic calamity left by Joe Biden. The manufacturing industry is already rebounding as there were 9,000 new auto jobs created — the most auto jobs added in 15 months! Under President Trump, the private sector is leading the way — 93% of the job gains in February were in the private sector. This is great news for American workers and families. The Trump Administration will continue to work hard to implement pro-growth policies and push Congress to enact the Trump Economic Agenda.” — Karoline Leavitt, White House Press Secretary

    Today’s jobs report shows American manufacturing is on the rebound thanks to President Donald J. Trump and his administration.