HAMISH_MCTAVISH Posted June 4, 2009 Share Posted June 4, 2009 (edited) Don't know if this was already posted, but PMI stats also show a better than expected improvement in the manufacturing numbers. Last month- 43.1 Predicted- 44.1 Actual- 45.4 Edited June 4, 2009 by HAMISH_MCTAVISH Quote Link to comment Share on other sites More sharing options...
GrillsBears Posted June 4, 2009 Share Posted June 4, 2009 Don't know if this was already posted, but PMI stats also show a better than expected improvement in the manufacturing numbers.Last month- 43.1 Predicted- 44.1 Actual- 45.4 Well well well apparently having thrashed out over 1 million jobs the leaner sectors may be performing less awfully. Still declining mind. Now all that needs to happen is for those 1 million jobs to be replaced and it'll be funarama again. I wonder how long that will take. I'd guess more than a couple of months.... Quote Link to comment Share on other sites More sharing options...
munimula Posted June 4, 2009 Share Posted June 4, 2009 Don't know if this was already posted, but PMI stats also show a better than expected improvement in the manufacturing numbers.Last month- 43.1 Predicted- 44.1 Actual- 45.4 So UK manufacturing is still shrinking then. And you are posting this information as good news!? Doesnt' bode well for a recovery as pretty much anyone with a brain is in agreement that there will be no consumer led recovery. The only hope we might have is an export led recovery and these figures don't show any signs of that. No sign of green shoots here - please move on. Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted June 4, 2009 Share Posted June 4, 2009 If the current crop of bulls(hitters) weren't all Johnnycomelatelys they would remember all those threads back in 2006/7 when we bears clung to every snippet of "good" news like it was the start and look how long it took for TSHTF. There's a long way to go yet and it'll get worse before it gets better. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted June 4, 2009 Share Posted June 4, 2009 YAWN IT'S THE TROLL AGAIN. Quote Link to comment Share on other sites More sharing options...
athe Posted June 4, 2009 Share Posted June 4, 2009 Don't know if this was already posted, but PMI stats also show a better than expected improvement in the manufacturing numbers.Last month- 43.1 Predicted- 44.1 Actual- 45.4 Link to story for those who are interested. Still contracting but at a slower rate than previously. Services sector expansion seems to be driving the increase with the service sector part of PM up to 51.7 Quote Link to comment Share on other sites More sharing options...
Harry Monk Posted June 4, 2009 Share Posted June 4, 2009 As an HGV driver, I can tell you from the front line that manufacturing is deep in the doldrums and as for exports, I'm currently sat on a Sea France ferry and Dover was near-deserted as it always is these days. Quote Link to comment Share on other sites More sharing options...
durhamborn Posted June 4, 2009 Share Posted June 4, 2009 Don't know if this was already posted, but PMI stats also show a better than expected improvement in the manufacturing numbers.Last month- 43.1 Predicted- 44.1 Actual- 45.4 I have never agreed with HAMISH but he is right on this.Manufacturing is turning the corner in many sectors.In mine exports are up 34% this quarter,in fact we are having to hire staff.Inventories have been run down now across sectors and even engineering is seeing an uptick in orders. Its still nasty in many sectors of manufacturing but things do seem to be improving.How long it lasts who knows.Some are doing very well,some terrible. Quote Link to comment Share on other sites More sharing options...
munimula Posted June 4, 2009 Share Posted June 4, 2009 If the current crop of bulls(hitters) weren't all Johnnycomelatelys they would remember all those threads back in 2006/7 when we bears clung to every snippet of "good" news like it was the start and look how long it took for TSHTF. There's a long way to go yet and it'll get worse before it gets better. Posters like the OP never have any staying power. From studying bulls posting on this site over the years it is very clear that their minds work very differently to the rest of us. They see only short term stats and figures and make their assumptions and conclusions based on them, they have absolutely no ability to think ahead and can't engage or compute arguments based on future predictions. The ability to think ahead is why many of us visit this site, as a refuge from the outside world which is full of short term thinkers. As soon as the next leg down in the property cycle kicks off you won't hear or see from the likes of Hamish McTavish ever again...many have come and gone before him Quote Link to comment Share on other sites More sharing options...
three pint princess Posted June 4, 2009 Share Posted June 4, 2009 If the current crop of bulls(hitters) weren't all Johnnycomelatelys they would remember all those threads back in 2006/7 when we bears clung to every snippet of "good" news like it was the start and look how long it took for TSHTF. There's a long way to go yet and it'll get worse before it gets better. I was wondering about that, but looking back the bears didn't accept prices would fall even as the Haliwdie went down, everyone was predicting a bear trap. After the 2005 faltering start once bitten twice shy. So the situation is about the exact reverse now with the Bulls. Quote Link to comment Share on other sites More sharing options...
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