Photo: Patrick Denker via flickr
Within every Chicago PMI (.pdf) report there are anecdotal comments from the survey’s panel of manufacturing companies.This month we were amused by these two back-to-back characterizations of the economy.
One guy sees things collapsing. Another says his manufacturing company is “officially swamped.”
- Business sales been slowing throughout the year, and continue to slow, but now at an increasing rate, becoming very alarming.
- We are officially swamped and doing everything we can to get our machines out this year….some will bleed into 2013, but we will make up a large portion of our yearly revenue in Q4.
So yeah. If the economic coverage seems bipolar at times, that’s how it is on the ground, too.