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Are you saying PMI is a survey of 400 manufacturing executives about the status of manufacturing, and you don't think it carries meaningful signal about the sta
by pinkmuffinere 2mo ago
Are you saying PMI is a survey of 400 manufacturing executives about the status of manufacturing, and you don't think it carries meaningful signal about the status of manufacturing? I wonder what you think _would_ carry meaningful signal, if you're not satisfied by asking the people that are doing said manufacturing?
- deleted 2mo ago[deleted]
- samrus 2mo agoHard numbers. Like output, or investment made. Like number of cars, tons of steel, etc. Things that actually reflect reality
- lostlogin 2mo ago[flagged]
- sxyuan 2mo agoExecutives aren't exactly the ones doing all the manufacturing. If you want to look at employment in manufacturing, the most you can say is that's it's stabilized after the first year of this administration: https://fred.stlouisfed.org/graph/?g=1XUKx https://fred.stlouisfed.org/graph/?g=1XUKx