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“US manufacturing activity drops to 10-year low” … #makerbusiness

Adafruit 2019 2681

US manufacturing activity drops to 10-year low

“In the surest sign yet that the trade war is hurting the American economy, manufacturing activity contracted in September to a 10-year low.

The Institute of Supply Management’s closely watched index showed a decline in manufacturing for the second month in a row. September’s reading of 47.8 was its lowest since June 2009, and it was worse than what economists had expected. A reading above 50 denotes growth in the sector.”

Read more.

In the maker / electronics world, we’ve heard from friends and through the usual gossip some companies are down as much as 50% year over year to flat (same), to maybe 10% or so over last year. For Adafruit in September 2019 we ended up up +22.2% YoY, and up +3.1% more orders than last year at the same time. Another data point we wanted to add here: ADABOX is over 4,000+ subscribers, 1/3 of the original subscriber base has gotten every single one, over 172 have all 13 boxes out of the current 4k+ subs. We also ran another stat… Total number of distinct customers that have subscribed to at least the last 8 Adaboxes (Adaboxes 6-13): 1,576.

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