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  1. #1
    Registered User Kane_89's Avatar
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    Red face Report: U.S. manufacturing expands at the fastest pace since 1983 (oh lawd)

    Reuters: U.S. manufacturing sector index races to 37-year high in March: ISM

    https://www.cnbc.com/2021/04/01/ism-...arch-2021.html

    "A measure of U.S. manufacturing activity soared to its highest level in more than 37 years in March, driven by strong growth in new orders, the clearest sign yet that a much anticipated economic boom was probably underway.

    The Institute for Supply Management (ISM) said on Thursday its index of national factory activity jumped to a reading of 64.7 last month from 60.8 in February. That was the highest level since December 1983.

    A reading above 50 indicates expansion in manufacturing, which accounts for 11.9% of the U.S. economy. Economists polled by Reuters had forecast the index rising to 61.3 in March. The year-long Covid-19 pandemic has boosted demand for goods.

    Economic growth is expected take off this year, juiced up by the White House’s massive $1.9 trillion pandemic relief package and the reopening of nonessential businesses as more Americans are vaccinated against the coronavirus."
    US factory activity expands at fastest pace since 1983

    https://abcnews.go.com/US/wireStory/...-1983-76810980

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  2. #2
    Registered User Phil9's Avatar
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    St. Biden
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  3. #3
    Here's beer Mr Beer's Avatar
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    I mean that's obviously good but "fastest since x" while true is kind of misleading since it's coming from a base point of shutdowns.
    "A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
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    Registered User Kane_89's Avatar
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    Exclamation

    Breaking: S&P 500 just broke 4k for the first time in history





    Bah gawd thats Sleepy Joes music!!
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  5. #5
    AriSillieZ4WincelMunkeGoo MMeadows11's Avatar
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    Git 'er done, Big Joe!!!!!

    Winning!!!!!!!!!!!
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  6. #6
    SkUlL & BoNeS bubba g's Avatar
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    Originally Posted by Kane_89 View Post
    Reuters: U.S. manufacturing sector index races to 37-year high in March: ISM

    https://www.cnbc.com/2021/04/01/ism-...arch-2021.html



    US factory activity expands at fastest pace since 1983

    https://abcnews.go.com/US/wireStory/...-1983-76810980

    "Sir, please dont win so much, I have a headache Its too much winning."
    So unprecedented shut downs due to covid, then unprecidented increase when things start to reopen..

    Sounds about right. So biden just happened to be in office at the time...

    His record tax hikes, and over the top spending bills that are largely not for what they are claiming, the cost of supporting however many illegals they are letting spill over the border daily...

    That's going to create "the biden economy"... were still in trumps economy just 70 days into biden presidency. None of bidens many poor dicicions have had a chance to destroy the economy yet.

    All of the experts are predicting biden will tank the economy, and raising taxes while people are trying to recover from a pandemic is idiotic, and theres no way they don't know that at the Whitehouse...
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    AriSillieZ4WincelMunkeGoo MMeadows11's Avatar
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    Originally Posted by bubba g View Post
    So unprecedented shut downs due to covid, then unprecidented increase when things start to reopen..
    The highest rate of NET activity ever isn't due to restarts, clown. It's a measure of net activity.

    You = derpler
    America is on, or has just crossed, the tipping point where ignorami can mentally create their own reality.
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  8. #8
    America First. XterraRob's Avatar
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    Originally Posted by Mr Beer View Post
    I mean that's obviously good but "fastest since x" while true is kind of misleading since it's coming from a base point of shutdowns.
    You can tell a retard anything and they'll believe it, watch this.
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  9. #9
    America First. XterraRob's Avatar
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    Originally Posted by MMeadows11 View Post
    Git 'er done, Big Joe!!!!!

    Winning!!!!!!!!!!!
    Joe really is getting it done, we are winning.
    Right wing politics is the new counter-culture.
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  10. #10
    AriSillieZ4WincelMunkeGoo MMeadows11's Avatar
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    Originally Posted by XterraRob View Post
    You can tell a retard anything and they'll believe it, watch this.
    Are you sad because you don't understand that a "highest level" of something measures the rate of activity, NOT the change in rate of activity?

    Never mind, you're probably too retarded to even understand what I just said.




    A measure of U.S. manufacturing activity soared to its highest level in more than 37 years in March, driven by strong growth in new orders, the clearest sign yet that a much anticipated economic boom was probably underway.

    The Institute for Supply Management (ISM) said on Thursday its index of national factory activity jumped to a reading of 64.7 last month from 60.8 in February. That was the highest level since December 1983.
    America is on, or has just crossed, the tipping point where ignorami can mentally create their own reality.
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