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Besides Automotive production and its side industries Manufacturing in the US is taking a bloodbath right now. My company is seeing a lot less than expected already and a lot of our customers have either done shutdowns or in some cases that were a major deciding factor in opening a new shop gone out of business. Along with that a lot of the big companies are dumping product to stay busy which is starting to kill off smaller companies and compounding problems. That isn't even considering that China has flooded alot of the base material in tube pipe and other assorted material to get out what they have stocked up to inflate their GDP and other number, we have been seeing more and more material and steel that is of horrible quality or worthless in the last 6 months. If something doesn't start changing soon expect to see manufactoring number in the news and last time that happened it was a precursor to the economy dropping.
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# ¿ Jan 21, 2016 20:07 |
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# ¿ Apr 27, 2024 22:11 |