☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 14 days agoUS Factory Activity Shrinks by the Most in Four Monthswww.bloomberg.comexternal-linkmessage-square6linkfedilinkarrow-up147arrow-down10file-textcross-posted to: news@lemmy.worldusa@midwest.socialusa@lemmy.ml
arrow-up147arrow-down1external-linkUS Factory Activity Shrinks by the Most in Four Monthswww.bloomberg.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 14 days agomessage-square6linkfedilinkfile-textcross-posted to: news@lemmy.worldusa@midwest.socialusa@lemmy.ml
minus-squareBeaver [he/him]@hexbear.netlinkfedilinkEnglisharrow-up9·14 days agoThis is a lagging indicator as well, since factories are only just this year starting to reduce their multi-year backlogs. And let me tell you, those backlogs are reducing fast.
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkEnglisharrow-up8·14 days agoAmazing what can happen when you dramatically raise costs of inputs for the industry.
This is a lagging indicator as well, since factories are only just this year starting to reduce their multi-year backlogs. And let me tell you, those backlogs are reducing fast.
Amazing what can happen when you dramatically raise costs of inputs for the industry.