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Just one reason for the slowness

OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
U.S. manufacturing growth slowest since Sept. 2009

The pace of growth in the U.S. manufacturing sector tumbled in May, slackening more than expected to its slowest since September 2009, according to an industry report released Wednesday.

The Institute for Supply Management (ISM) said its index of national factory activity fell to 53.5 in May from 60.4 the month before. The reading missed economists’ expectations for 57.7.

U.S. manufacturing growth slowest since Sept. 2009 - The Globe and Mail
 
OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
witness23 said:
What slowness?
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Why must you always take the opposite stance....?

all the month end stats are coming out....things have stalled and/or are contracting again...and we'll be entering plant shutdown season shortly...

WASHINGTON (AFP) – The Federal Reserve said Wednesday it would again maintain its key interest rate near zero as the pace of the US economic recovery was more sluggish than expected.
"The economic recovery is continuing at a moderate pace, though somewhat more slowly than the committee expected," the policy-setting Federal Open Market Committee said after a two-day meeting.
"The slower pace of the recovery reflects in part factors that are likely to be temporary."
 
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witness23

witness23

Veteran Expediter
OntarioVanMan said:
Why must you always take the opposite stance....?

all the month end stats are coming out....things have stalled and/or are contracting again...and we'll be entering plant shutdown season shortly...
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Don't be so touchy.

I haven't for the last year and a half seen the "slowness" that you speak of, and I don't see the "slowness" anytime soon, sorry.
 
OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
witness23 said:
Don't be so touchy.

I haven't for the last year and a half seen the "slowness" that you speak of, and I don't see the "slowness" anytime soon, sorry.
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Am not touchy....LOL

You must live in a closet...you should get out of that office more....
 
hdxpedx

hdxpedx

Veteran Expediter
Fleet Owner
Run a business who deals with households for revenue and you will see a BIG slowing there TOO! thanxz to obumer! closet pronouned- cubicle



Is Sesame Street Spreading Left-Wing Propaganda? Exec Admits, Yes!!
 
layoutshooter

layoutshooter

Veteran Expediter
Retired Expediter
Yep, I am starting to see things slow again. Home sales are dropping and are their lowest point for the year so far. Keep in mind that June and July are normally BIG months for real estate. People buying or selling to move while school is out. If it is slow in the busy months, what will happen latter?
 
OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
layoutshooter said:
Yep, I am starting to see things slow again. Home sales are dropping and are their lowest point for the year so far. Keep in mind that June and July are normally BIG months for real estate. People buying or selling to move while school is out. If it is slow in the busy months, what will happen latter?
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I said last month this whole year will be ho hum...I stand by that prediction...oh there will be a spike here or there for some people, right place right time....there will be more turn and burn then there will be drop and stops...
 
OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
witness23 said:
So, stagnant or dropping home sales effect the expediting business? Hmmm.....did not know that.
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to a certain degree yes.....no new appliances being sold...no Whirlpool loads...no speciality items shipped...even Home Depot uses expedite when they mess up an order....
Pro Building supplies uses expedite as well....
 
layoutshooter

layoutshooter

Veteran Expediter
Retired Expediter
witness23 said:
So, stagnant or dropping home sales effect the expediting business? Hmmm.....did not know that.
Click to expand...

The dropping home sales are just one example or, better yet, a "reflection" of what is going on all over the economy. As things slow it will have a greater affect on expediting and transportation over all.
 
layoutshooter

layoutshooter

Veteran Expediter
Retired Expediter
OntarioVanMan said:
as insignificent as it is...any loss of a load opportunity has a ripple effect...
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People are scared. Many out there are NOT as stupid as our "lawmakers" are. They KNOW that no one or no government can spend money the way they are without things going town the drain. Scared people don't buy, the hold back. For good reason.
 
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