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The Marco Moment:: Manufacturing Data by taskmaster4450le

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· @taskmaster4450le · (edited)
$8.39
The Marco Moment:: Manufacturing Data
<center>

[![](https://img.3speakcontent.co/tpgjdstq/thumbnails/default.png)](https://3speak.tv/watch?v=taskmaster4450le/tpgjdstq)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450le/tpgjdstq)

</center>

---

The data coming in globally from the manufacturing sector is not screaming economic expansion.  We just got the premliminary numbers from Europe and they are not promising.  This is in keeping with the trend over the past few months.

In this video I discuss how we are likley heading to another economic pullback which is in line with every recession for the past 60 years.  Typically, when recession hits, lots of stimulus is put out.  Once that is done, things end up suffering a contraction since the economy simply is not strong enough to stand on its own.

---

▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450le/tpgjdstq)
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vote details (128)
@ai-summaries ·
**Summary:**
In this video, Task discusses the manufacturing sentiment and indexes, pointing out that recent reports from Europe have been below expectations, indicating a declining manufacturing sector globally. He attributes this trend to supply chain disruptions, demand being pulled forward due to lockdowns, and retailers overordering to avoid shortages. Task highlights the impact on the global economy, particularly focusing on China, Europe, and the United States. He warns that the current manufacturing situation may lead to canceled orders and a slowdown in economic expansion.

**Detailed Article:**
Task delves into the implications behind manufacturing sentiment and indexes, emphasizing the significance of these indicators in gauging economic trends. He notes that recent reports from Europe falling below expectations signal a concerning trend in the manufacturing sector, reflecting a broader global issue. Task points out that China, as a leading exporter, has been experiencing a decline in its manufacturing sector, mirroring a potential future trend in other regions like Europe and eventually the United States.

The decrease in manufacturing activity, Task explains, can be attributed to various factors such as supply chain disruptions and changes in consumer behavior during lockdowns. With people spending more on durable goods like automobiles and home renovations rather than services, manufacturers and retailers were caught off guard. Even as economies reopen, lingering supply chain issues, like chip shortages, continue to pose challenges for the manufacturing sector.

Drawing attention to the situation in the United States, Task mentions the backlog of cargo ships waiting to unload goods on the West Coast, emphasizing the impact on the distribution of products throughout the country. The reluctance of manufacturers to hire new workers despite the rhetoric about labor shortages and the increase in unemployment claims suggest a cautious approach due to uncertain economic conditions.

Task shares his perspective on the cyclic nature of economic patterns, highlighting historical precedents where periods of economic stimulus were followed by downturns. He predicts a potential double-dip recession based on this historical trend, cautioning viewers about the reality of economic challenges that may not be openly acknowledged. By focusing on the role of manufacturing in the global economy, Task underscores its importance in understanding consumption and production dynamics on a global scale.

In conclusion, Task raises concerns about the impact of declining manufacturing sentiment on economic growth and warns of potential consequences such as canceled orders and reduced consumption of goods. He encourages viewers to pay attention to manufacturing statistics globally as a barometer of economic expansion, hinting at potential challenges in the near future for the global economy.
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@gangstalking ·
Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
👎  ,
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vote details (2)
@hivebuzz ·
Congratulations @taskmaster4450le! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

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@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 75 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-74-and-start-week-75) just started...you can now check the winners of the previous week!</center><center><sub>4</sub></center>
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@rob23 ·
$0.05
Haven't read the word stimulus in a while, here we go again

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rob23/re-taskmaster4450le-4akzbi)
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vote details (1)
@taskmaster4450le ·
Good thing although you wont see it until things are collapsing.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rob23-7tuovh)
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vote details (1)
@rob23 ·
I'll trust you on that one

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rob23/re-taskmaster4450le-7b8hct)
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