WASHINGTON (AP) — Growth in U.S. manufacturing slowed in December to an 11-month low with companies still combating supply chain problems.
The Institute for Supply Management, a trade group of purchasing managers, reported Tuesday that its index of manufacturing activity fell to a reading of 58.7 in December, 2.4 percentage points below the November reading of 61.1.
Any reading above 50 indicates growth in the manufacturing sector which has recorded 19 straight months of growth going back to the spring of 2020 when the pandemic hit. The December reading was the lowest since a matching 58.7 in January 2021.
The slowdown in December reflected a decline in both new orders and in production.
While the December performance still reflected strength in manufacturing, there were concerns that the current global surge in COVID-19 cases, largely the highly infectious omicron variant, could further depress manufacturing in coming months.
Omicron was only identified in late November and quickly became the dominant virus.
“The surge in domestic virus cases to more than 1 million per day could deal a more significant blow to manufacturing output as significant numbers of workers are forced to stay home,” said Andrew Hunter, senior U.S. economist at Capital Economics.
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The only growth America is seeing under this cult is – politicians bank accounts , inflation, crime , denial of our Christian activities and principles, foreign terrorists infiltration, out of control spending, denial of lifesaving medications, forced medical experiments, indoctrination of our children & military into satans den and LIES! This current admin. is the epitome of evil and people still support it?
OH and dependencey on govt!!!
What’s that catch phrase, Joe—Scaling Back Better??
Let’s Go Brandon
COVID depleted Omicron can only be blamed not for its actions, but Biden’s reactions. First, he scares the bejabbers out of people to even go out and buy food, then he bribes them for votes by paying them more to stay home than go to work, then gets his Teachers unions to refuse to go to the classroom, so mom has to stay home from her job to watch the kids, after cranking up the price of gas to get to work whose increased costs alone would motivate people to just stay home. Joe wants to make you think that by his Soros educated D.A.s releasing criminals who he wants to also enable to vote, is a case of the inmates taking over the prison or the asylum,,,,no, it’s the mentally ill like Joe, taking over the nation of America, where thanks to them there is no longer ANY asylum. They have come for many already. Soon they will come for YOU ! The pandemic is not the real threat, never was,,,,,,THEY ARE !
I’ve said it before. THE LEFTS attempt to ‘control the virus’, is DOING MORE HARM than if we just LET THE VIRUS run rampant, and burn itself out…
The CURE IS WORSE than the disease!!!
I have said this before:
The Traitorous, Socialist Democrat Party game plan is to lie, cheat and steal elections in order to take total control of the American people, increase Taxes on everything and bring American commerce and economy to its knees and to promote Socialism.
Then access power and retain it by any means available –
no matter the costs to the people, the government or the nation.
This traitorous, dishonorable, dishonest, non-credible, immoral, socialist Democrat Party has become our country’s most destructive and deadliest ENEMY!
i will say it again the u.s.a. will not last 4years of biden – harris rule.
we will economicaly implode , be invaded oh we are already seeing that my bad.
or the pandemic will kill everybody because the demons have created a monster and it aint getting back in the bottle.
and eventualy will will be the largest socialist 3rd world country in the world.
with the only religion will be government and satans mark 666