alt Hacker NewsAre you saying PMI is a survey of 400 manufacturing executives about the status of manufacturing, and you don't think it carries meaningful signal about the status of manufacturing? I wonder what you think _would_ carry meaningful signal, if you're not satisfied by asking the people that are doing said manufacturing?
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samrus • yesterday at 11:53 PM
Hard numbers. Like output, or investment made. Like number of cars, tons of steel, etc. Things that actually reflect reality
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Executives aren't exactly the ones doing all the manufacturing. If you want to look at employment in manufacturing, the most you can say is that's it's stabilized after the first year of this administration: https://fred.stlouisfed.org/graph/?g=1XUKx