US Manufacturing PMI at 48.2%; November 2025 ISM Manufacturing PMI Report | Metals Mine

  • US Manufacturing PMI at 48.2%; November 2025 ISM Manufacturing PMI Report

    From prnewswire.com

    Economic activity in the manufacturing sector contracted in November for the ninth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, say the nation's supply executives in the latest ISM® Manufacturing PMI® Report. The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. "The Manufacturing PMI® registered 48.2 percent in November, a 0.5-percentage point decrease compared to the reading of 48.7 percent in October. The overall economy continued in expansion for the 67th month after ... (full story)

Added at 9:01am

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The Fool
Dec 1, 2025 10:51am
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Trump 2.0 has been explicit. They want to bring down the short-term Treasury rates and weaken the USD. They are whole hog into moving new debt issuance into the shorter notes and bills and they need the Fed to lower the ffr, which directly affects the short term rates. This helps with US debt service, counteracts the inflationary effects of the tariff regime, makes US exports more viable, and, last but not least, serves to inflate asset values. i.e., boosts the stock market. Trump 2.0 wants a long string of ath's almost as much as he wants the Nobel Peace Prize.
blaseit28
Dec 1, 2025 9:43am
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rate cut is already priced in. it’s about “tonality” from now to 2026.
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Trader#2864
Dec 1, 2025 9:32am
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Quoting DrWho37
Rate cuts yes or no? I hope it is a no given current inflation...
Fed will continue to cut rates and will pick up the speed as numbers get even worse, faster. If they aware of inflation or even gave a shit about it, they would have hiking rates like Volcker did. They are either not aware (and I doubt that since central banks are hoarding Gold like there's no tomorrow) or they have no intention to deal with inflation. Either way, it doesn't matter, because the current Fed will definitely not hike rates and it'll be even worse (I can't believe I'm writing this) after Powell is out and Trump's buddy becomes a new Fed Chair.

Buy Gold and Silver (physical) or do nothing and find out.
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Trader#5EBB
Dec 1, 2025 9:34am
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Quoting DrWho37
Rate cuts yes or no? I hope it is a no given current inflation...
Obviously.

Everyone knows they will cut in December, and they will cut more on 26, it’s just a question of how many cuts we get next year. That’s a highly debatable point because we simply don’t have enough data and ai is moving so fast people aren’t sure where it ends up. More people replaced by ai means more interest rate cuts. So ai stocks will get everything they want, insane profits and lower interest rates.

Just a question if the millions who lose their jobs go to the houses of all the millionaire employees of ai companies who destroyed they jobs, to “ask” for compensation.
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cabane2025
Dec 1, 2025 9:40am
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good for gold buy?
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Trader#FDE7
Dec 1, 2025 10:26am
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Quoting DrWho37
Rate cuts yes or no? I hope it is a no given current inflation...
Up in the air. The whole report is mixed.

Key sub-indexes for November 2025 include:
New Orders: Contracted at a faster rate, falling to 47.4% from 49.4%.
Production: Returned to expansion, rising significantly to 51.4% from 48.2% in October.
Employment: Contracted for the tenth consecutive month, falling to 44.0% from 46.0%.
Supplier Deliveries: Indicated faster deliveries (49.3%), after three months of slower deliveries.
Prices: Increased for the 14th straight month, with the index rising to 58.5% from 58.0%, indicating persistent cost pressures.
Backlog of Orders: Continued to contract at a faster rate, dropping to 44.0%.
Industry Conditions
Of the six largest manufacturing industries, three (Computer & Electronic Products; Food, Beverage & Tobacco Products; and Machinery) reported growth in November.
Survey respondents frequently cited the negative impact of tariffs and trade uncertainty on business conditions, leading many companies to reduce staff, put capital projects on hold, and face fluctuating cost
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DrWho37
Dec 1, 2025 9:13am
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Rate cuts yes or no?

I hope it is a no given current inflation...
Reply
Trader#2864
Dec 1, 2025 9:15am
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New orders down, employment down and prices up. Consistent with the economy crumbling under high inflation.
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Trader#F96C
Dec 1, 2025 9:54am
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Quoting Trader#2864
{quote} Fed will continue to cut rates and will pick up the speed as numbers get even worse, faster. If they aware of inflation or even gave a shit about it, they would have hiking rates like Volcker did. They are either not aware (and I doubt that since central banks are hoarding Gold like there's no tomorrow) or they have no intention to deal with inflation. Either way, it doesn't matter, because the current Fed will definitely not hike rates and it'll be even worse (I can't believe I'm writing this) after Powell is out and Trump's buddy becomes...
You keep posting the same thing over and over and over.

While I definitely will not be shorting gold or silver, I see them in trading ranges. Upward sloping trading ranges, but still ranges. There are limits on the usefulness of physical gold and silver so the prices simply can’t keep going forever, unlike stocks where there is no limit.

If you are right and everything falls apart do you really think you are going to walk around with physical gold and silver to barter for necessities? If the poop ever does hit the fan I guarantee you that ammunition and firearms will be worth more. With those I can take anything I want from anyone I want. However I don’t think any serious person sees the end of the world scenarios happening.
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Trader#AB54
Dec 1, 2025 9:59am
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Quoting Trader#2864
{quote} Fed will continue to cut rates and will pick up the speed as numbers get even worse, faster. If they aware of inflation or even gave a shit about it, they would have hiking rates like Volcker did. They are either not aware (and I doubt that since central banks are hoarding Gold like there's no tomorrow) or they have no intention to deal with inflation. Either way, it doesn't matter, because the current Fed will definitely not hike rates and it'll be even worse (I can't believe I'm writing this) after Powell is out and Trump's buddy becomes...
Over the past 5 years gold is up 123%.

Over the past 5 years Nvidia is up 1272%.

Case closed.
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Trader#2864
Dec 1, 2025 10:28am
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I have been posting the same shit for not months, but years now, about Gold and Silver and urgency to acquire them before the price gets out of reach. I am not talking about buying Gold and Silver (going long), I am talking about buying physical.

The world will not end, but the purchasing power of the currency will be demolished due to extremely high inflation and physical Gold and Silver will keep your purchasing power intact. You will preserve your wealth, while everyone else that remain in the USD will lose. Or EUR, GBP, JPY doesn't matter what shit it is.

Presumption that the price cannot go higher forever is correct as the trust and usefulness of the currency will reach its end inevitably. It's not that the Gold is going higher, it's the USD that is losing value as the Fed keeps devaluing it. There is no sign that the Fed will stop devaluing the USD, so there is no price that the Gold cannot achieve when measured in same. Search: value of one gold Mark in paper Marks. At some point, obviously, the complete trust in the currency collapses and the currency becomes worthless. We are currently on that same trajectory with the current Fed. As for the stocks, they will continue going higher (experience crashes here and there due to random stuff across the world) as the USD is worth less and less, but stocks will never preserve the same wealth as the Gold will. Stocks will fail miserably as opposed to Gold, and Silver that is just starting to wake up. Noone is mentioning Gold and Silver in the mainshit media (on purpose) and people need to understand the gravity of the situation they are in. We are still not witnessing hyper-inflation, but we are on our way to one.
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Trader#2864
Dec 1, 2025 10:41am
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Quoting Trader#AB54
{quote} Over the past 5 years gold is up 123%. Over the past 5 years Nvidia is up 1272%. Case closed.
Okay buddy...

Gold: 2000. - today = little over 1400%
SPX: 2000. - today = little over 400%
Dow: 2000. - today = around 340%
NDX: 2000. - today = little over 650%

There are many things that have beat Gold in terms of percentages, but none can keep it up for as long as Gold.
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Trader#CF42
Dec 1, 2025 11:04am
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Quoting Trader#2864
{quote} Okay buddy... Gold: 2000. - today = little over 1400% SPX: 2000. - today = little over 400% Dow: 2000. - today = around 340% NDX: 2000. - today = little over 650% There are many things that have beat Gold in terms of percentages, but none can keep it up for as long as Gold.
Well, since 1980 SPX up 12% p/a or 17,500% total.

In 1980 gold was at 850.

You do the math.
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Trader#E63D
Dec 1, 2025 11:15am
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Quoting Trader#2864
Also, when AI bust takes place, NVIDIA stock price will collapse while the price of Gold will keep surging higher.
Funny you mention NVIDIA... their stock is valued at ~7190USD per share if we take 2024 and 2021 reverse stock splits out of the picture. Now tell me that stock is not overvalued as f***.

And add insult to injury the past 2 years is all about that nice circular buble - NVIDIA using its money to fund "AI" companies which in turn use that same money for NVIDIA GPUs and project trillions of investments when there is not enough water and power (it would take a decade to build and bring these online) to handle such datacenters to begin with.
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Trader#0273
Dec 1, 2025 1:01pm
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Quoting Trader#F96C
{quote} You keep posting the same thing over and over and over. While I definitely will not be shorting gold or silver, I see them in trading ranges. Upward sloping trading ranges, but still ranges. There are limits on the usefulness of physical gold and silver so the prices simply can’t keep going forever, unlike stocks where there is no limit. If you are right and everything falls apart do you really think you are going to walk around with physical gold and silver to barter for necessities? If the poop ever does hit the fan I guarantee you that...
NO body know for sure how this AI revolution is going to end up, war or piece through the war, this is the question.
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Trader#2864
Dec 1, 2025 9:21am
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For 3 years straight has the manufacturing been in contraction.
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Trader#E63D
Dec 1, 2025 9:28am
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Stocks to the Moon... bad news is great news for 5 years, why should it change now? lol...irony off...
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Trader#2864
Dec 1, 2025 10:52am
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Also, when AI bust takes place, NVIDIA stock price will collapse while the price of Gold will keep surging higher.
Reply
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