Did you hear about the fact that, for 6 consecutive months, U.S. Manufacturing has either held even or dropped? Not one gain in a half a year?
I didn\’t think so.
Here are the numbers:
December, 2014: .0%
January, 2015: -.4%
February: 0%
March: .0%
April: -.5%
May: -.2%
How do you define a manufacturing slump? Would it be fair to say that negative growth for a half year qualifies?
Now: Why is this not news? Why is it so likely that this blog is the only place you have seen the above information (am I right?)
Do you think a half year of negative growth would have been news if it occurred during the Bush presidency – especially if the President and his people were continually telling us what a strong recovery the country was experiencing as it happened?
I talk a lot about media bias in here. This is why.
