To Gauge How the Economy Is Doing, Ask Purchasing Managers | WSJ 

CNBC aswell

Bloomberg was going well until they were getting beat!

the chick's severe vocal fry killed a few brain cells tho

do I leave an emoji back? Is REAL M hitting on that lvl of dumb. "indicators" have always been the new of elitist advantage taking.

@Nelson Swanberg What does WSJ has to do with KKK?

Is supply chain data publicly available?

@@djp1234 yes, if you want to do the digging for it. You can get industry reports from associations such in industries such as 3pl, cold storage, Port and transportation. In their reports they highlight what's moving and what's not.

@@JamiePittsSCM Hello Sir,I have a bachelor's in mechanical engineering.Working in plastics(injection moulding) as a quality inspector.Totally tired of the 12 hour rotational shifts.I am planning to shift to procurement.My organization has given me an offer at Dispatch for a year followed by stores and purchase.A few questions- Is supply chain related to purchase?material planning? What course should I do to improve my supply chain skills? While I work in an injection molding,does the knowledge of supply chain management help me in other departments too like IT,Pharma etc? What do you think abt the future of polymers and injection molding?

@@6My6sT6 Look to see if the country that you work in has a supply chain industry association with training and certification. I would join that association and pursue certification. Your engineering background has a lot of the relevant skills... most of my peers are engineers and the calculations are the same... further, your education should be recognized as credit towards certification so that you can take fewer courses and save some money. Supply Chain Management is broad across all commercial sectors. Polymers and injection molding will continue to have high demand. Obviously the local economy may play a factor in demand for your plant's particular product.

@@JamiePittsSCM Thank you so much.That was very informative.I am from India btw.

Totally is.

PMI is one of the biggest financial markers. The whole world is watching them.

Already, you little potato.

Negative interest rates.

GetGud

You're actually richer than the average potato, so I guess that's something.

It was strong with the narrator.

the companies themselves are also interested in the data acquired

What do you think businesses are? Vampires sucking people’s blood? Without private businesses societies are down, or you can choose a communist government who runs everything

@@tedlovejesus i get it. But these things would take the PMs time every month...so are they mandated to do this? do they have to, or is it purely voluntary - would have been cool if they interviewed a PM on the process

MilesBellas is sad and true. we should banning China and let them suffer like USSR

@@rr4713 I'm not pro suffering. I'm against the entire country and western society being taken over with a "divide amd conquer" strategy that empowers the rich to unimaginable wealth, destroys jobs and fills society with cheap goods created by weaponized manufacturing.

MilesBellas exactly maybe we dont need these cheap chinese goods that now flood amazon

@@rr4713 The western economic system is not cyclical...... it's not planned to improved society. It relies on creating value from something free at the core. Free can mean debt, resources defended by violence and slave labour. Mass pollution is also free. There are a few major flaws in the western economic model.

MilesBellas Executives in the U.S. are great at pointing their finger to someone else and saying not my fault. They are the ones that moved factories to China. Also, much of what they claim is being copied is not under patent protection. I'm sure many of them used Chinese designers and engineers, who in turn created similar products to be manufactured elsewhere and sold on Amazon, an American corporation. It's not like businesses in the U.S. don't do the exact same thing as the Chinese, just look at all the business lawsuits in the U.S.

Not yet. Real inflation for everyday goods seems to go up at a percentage rate about equal to the Federal deficit or Federal Reserve money printing. Unfortunately, Republicans have driven deficits to about a trillion dollars and rising.

@@raybod1775 I wonder tho, is inequality buffing that inflation. The argument has been made that raising the minimum wage would raise the price of everything. But wages are just a way that wealth flows from the money classes to the working classes. Do we even know how many dollars exists anymore? When it was just printed money, pre Bush era, it was pretty much capped but now who knows.

Haha yeah they need someone to review their scripts. India's economic growth slipped from 7% to 5% and the cnbc news anchors mentioned that India's economy was falling.

True that! 😂

Josh R If inflation was measured more honestly like in the 1970's, not using replacement products, the economic figures would reflect the painful reality most people in the middle class feel.

Those

Jo Molololo That percent of dollars being used in trade is dropping every year. I doubt all the Chinese trade in the world is included in those figures.