The Manufacturing Boom the Wall Street Journal Missed

A Wall Street Journal headline this week declared, “U.S. Manufacturing Is in Retreat and Trump’s Tariffs Aren’t Helping.” But the actual data released this week by the Federal Reserve and the Commerce Department tell a dramatically different story, one of rising output, climbing demand, and surging business investment .

Manufacturing is not in retreat. It’s booming. Industrial output hit an all-time high in November and then broke that record in December.

The disconnect between the WSJ’s narrative and the Fed’s numbers reveals a fundamental confusion about how to measure manufacturing health…

Read the full article at BREITBART.COM