In line with my video where I talk about the underlying numbers of the economy, one statistic that is not getting much media play is Global Manufacturing.
In most countries manufacturing is contracting, except for a few select, including the United States.
Hmmm, what is this telling us? This is a problem in a global economy and over the coming months I’ll continue to watch the trend.
Nothing to do now but be aware of this indicator.
Click here for a bigger view of the graph