Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup
  • Dick Young’s Safe America

American Factories Booming

December 4, 2018 By Young Research

America’s factories surprised economists with a stronger than expected reading on the Institute for Supply Management’s manufacturing index. Economists had expected a reading of 57.9, but were pleasantly surprised with a strong reading of 59.3. Harriet Torry reports for The Wall Street Journal:

Readings above 50 indicate activity is expanding across the manufacturing sector, while numbers below 50 signal contraction. November’s reading exceeded the 57.9 economists surveyed by The Wall Street Journal had expected.

The report was compiled before this weekend’s announcement of a trade truce between the U.S. and China.

Tim Fiore, who oversees the ISM survey of factory purchasing and supply managers, said companies last month had been “moving very aggressively getting material delivered for the first quarter before Dec. 31” due to expected tariff increases in January.

The U.S. announcement it would postpone its threat to increase tariffs on $200 billion in Chinese goods to 25% from 10% is “definitely a positive move,” Mr. Fiore said.

Read more here.

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • This is One Ugly Looking Chart
  • Your Retirement Life: Investment Planning in One Chart
  • T-Bill Yields Now Above Stock Yields
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • JNJ’s “One Shot, Shot” - March 1, 2021
  • Jaguar to Sell Only Electric Vehicles - February 16, 2021
  • China’s Coal War with Australia - February 12, 2021

Search Young Research

Most Popular

  • Welcome to the Interest Rate Prediction Business, JACK!
  • Democrats Have a Plan: Don't Get Too Attached to Your Capital Gains
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • Teaching A Family Investment: Warren Buffett’s Annual Letter and You
  • Bubble in Tech Stocks Will Cause "Clean Out" in Markets
  • The Power of a Compound Interest Table
  • Richard Young Reports: The Great Money Explosion and Disasters
  • The Highest Yielding S&P 500 Stocks
  • Deep Survival, Who Lives, Who Dies, and Why
  • Joel Kotkin: Economic Civil War

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • Richard C. Young: How About Joining Us in Key West
  • The Preposterous Fabrication from the Biden Administration
  • Richard Young Reports: The Great Money Explosion and Disasters
  • Oh, the Thinks You Can Think
  • Here’s What the Media Won’t Tell You About Bill Gates
  • One of My Favorite Talks from CPAC 2021
  • Freedom Over Fear: Texas Drops Mask Mandate, Opens Businesses
  • COVID-Transporting Cruise Ship Sea Monsters Could Terrorize Key West Citizens
  • “God Bless America”
  • Is This Proof the COVID-19 Case Numbers are Fake?

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2021 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.