12 Months of Manufacturing Contraction but No Recession

Tim Fiore, Committee Chair of the ISM’s Manufacturing Report on Business(R) joins hosts Lew Weiss and Tim Grady as Manufacturing Talk Radio to discuss October and the last 12 months of manufacturing contraction that have not yet triggered a general recession. Manufacturing typically leads the country into every recession and out of every recession, but so far, recession hasn’t arrived. It is possible that the soft landing may be just a touch-and-go landing.