/biz/ - Business & Finance

https://www.forexlive.com/news/!/december-ism-manufacturing-index-vs-575-expected-20190103

'Here's the commentary in the report:

"Growth appears to have stopped. Resources still focused on re-sourcing for U.S. tariff mitigation out of China." (Computer & Electronic Products)
"Brexit has become a problem due to labeling changes." (Chemical Products)
"Customer demand continues to decrease [due to] concerns about the economy and tariffs." (Transportation Equipment)
"Starting to see more and more inflationary increases for raw materials. Also, suppliers [are] forcing price increases due to tariffs." (Food, Beverage & Tobacco Products)
"The ongoing open issues with tariffs between U.S. and China are causing longer-term concerns about costs and sourcing strategies for our manufacturing operations. We were anticipating more clarity [regarding] tariffs at the end of 2018." (Machinery)
"Business is steady, but pace of incoming orders are slowing." (Furniture & Related Products)
"Business is robust for certain sectors [aerospace] and flat to downward for others [energy]. Tariffs continue to impact business direction and profit." (Miscellaneous Manufacturing)
"Caution seems to be the outlook. Are we in a correction, or is the market getting ready to slow over time?" (Fabricated Metal Products)
"No major change in business operations towards the end of 2018; however, we are carefully monitoring oil prices and outside influence from market conditions to better understand our 2019 outlook and capital plans." (Petroleum & Coal Products)
"Customers are hedge buying in December as a result of announced price increases starting in January." (Textile Mills)'