from the article:
‘US factories are suffering from an “unprecedented” rise in unsold stock as Donald Trump’s trade war hits their overseas sales.
American manufacturers’ unsold inventory soared at the fastest pace in more than 18 years in October, according to the S&P Global Manufacturing purchasing manager’s index (PMI).
Businesses reported that their production exceeded overall demand after tariffs saw their export orders slump for the fourth month in a row.
Sales declined to key markets such as Canada, China, Europe and Mexico, which have all been hit by steep new US tariffs. Although Mr Trump’s tariffs apply to imports from these countries, it seems they have also had a damaging impact on US sales abroad.
Chris Williamson, chief business economist at S&P Global Market Intelligence, said the surge in unsold stock was “worrying” and “unprecedented”.’
Wow it’s almost like there are consequences to pissing off your closest allies and biggest trading partners. Who would have guessed that.
I can’t believe that one man caused so much pain in such a short amount of time.
Xeynon on
The serial casino bankruptor is at it again!
I think by this time next year there won’t be any doubt about it – it will be clear we’re in a major economic downturn induced by Trump’s idiocy.
ParisEclair on
Have they figured out that many consumers around the world are no longer and will no longer buy anything from US companies or made in the U.S. if they can help it?
Commercial_Rule_7823 on
Wait till the numbers roll out.
Unemployment going up
Job openings tanking
Inflation rising.
Housing crashing
Stagflation is raging.
Hectordoink on
Not just manufactured goods — my local grocery store (in Canada) has barely any US sourced produce. I’m seeing fruit and vegetables from Portugal, Morocco, Central and South America and of course Canadian-grown produce. Anything from the US goes unsold. Canadians are boycotting American goods but not just us; I just came back from the UK and the anti-American sentiment is also strong there. I don’t think that many Americans understand the depth of animosity that has been engendered by this regime.
Wellsy on
Brand America is in the dumpster. Literally the entire world is furious with the US. Trump has burned all of Americas allies, and unlike the masses of MAGA sycophants, the global population is educated and very clear on who to blame. America built its power based on trade. It can lose its power by spoiling its markets. The damage already done immense, and reality is going to hit US shores pretty soon as the rest of the world pivots away from US power.
America has given the rest of the world “the ick”.
GreenWandElf on
Predictable.
They were hoping to pass on the tariffs with a raise in their prices while moving the same stock, but since demand is elastic across most of the economy, the demand for their more expensive products is falling as consumers cut back.
Factories are going to have to face the reality of either cutting back on product and personnel, or losing money in the interim and hoping for a Supreme Court ruling against the majority of Trump’s tariffs.
Dry_Junket_6902 on
We should be looking something like Cuba in the next 3 years.
Except with a high crime rate.
We are clearly in a recession but A.I. spending is masking it.
Dot com bubble all over again.
Extension-Scarcity41 on
Ummmm….no.
I have no idea where this article is supposed to be getting its data from, mainly because it conveniently doesnt mention its information sources or even puts down any figures to support its claims, but it is not getting any inventory data from the places that collect inventory data in the US.
Per the US ISM index of manufacturing inventories, October manufacturers inventories index was at 45. This is a diffusion index, so anything below 50 indicates contraction. This was even lower than Septembers 47.7. This means aggregate US manufacturing inventories have been declining, not rising.
This data is also supported by seperate US Census data which shows a declining inventory to sales ratio of 1.37, down from the year ago figure of 1.40.
Worldly_Possible2925 on
Has anyone realized yet that we’re broke ? Like not pretend broke but actually can’t make rent don’t know if we’re going to eat tomorrow fucking broke. 🤬
11 Comments
from the article:
‘US factories are suffering from an “unprecedented” rise in unsold stock as Donald Trump’s trade war hits their overseas sales.
American manufacturers’ unsold inventory soared at the fastest pace in more than 18 years in October, according to the S&P Global Manufacturing purchasing manager’s index (PMI).
Businesses reported that their production exceeded overall demand after tariffs saw their export orders slump for the fourth month in a row.
Sales declined to key markets such as Canada, China, Europe and Mexico, which have all been hit by steep new US tariffs. Although Mr Trump’s tariffs apply to imports from these countries, it seems they have also had a damaging impact on US sales abroad.
Chris Williamson, chief business economist at S&P Global Market Intelligence, said the surge in unsold stock was “worrying” and “unprecedented”.’
[no pay link](https://archive.ph/2025.11.03-172547/https://www.telegraph.co.uk/business/2025/11/03/oil-prices-rise-opec-production-halt-ftse-100/)
Wow it’s almost like there are consequences to pissing off your closest allies and biggest trading partners. Who would have guessed that.
I can’t believe that one man caused so much pain in such a short amount of time.
The serial casino bankruptor is at it again!
I think by this time next year there won’t be any doubt about it – it will be clear we’re in a major economic downturn induced by Trump’s idiocy.
Have they figured out that many consumers around the world are no longer and will no longer buy anything from US companies or made in the U.S. if they can help it?
Wait till the numbers roll out.
Unemployment going up
Job openings tanking
Inflation rising.
Housing crashing
Stagflation is raging.
Not just manufactured goods — my local grocery store (in Canada) has barely any US sourced produce. I’m seeing fruit and vegetables from Portugal, Morocco, Central and South America and of course Canadian-grown produce. Anything from the US goes unsold. Canadians are boycotting American goods but not just us; I just came back from the UK and the anti-American sentiment is also strong there. I don’t think that many Americans understand the depth of animosity that has been engendered by this regime.
Brand America is in the dumpster. Literally the entire world is furious with the US. Trump has burned all of Americas allies, and unlike the masses of MAGA sycophants, the global population is educated and very clear on who to blame. America built its power based on trade. It can lose its power by spoiling its markets. The damage already done immense, and reality is going to hit US shores pretty soon as the rest of the world pivots away from US power.
America has given the rest of the world “the ick”.
Predictable.
They were hoping to pass on the tariffs with a raise in their prices while moving the same stock, but since demand is elastic across most of the economy, the demand for their more expensive products is falling as consumers cut back.
Factories are going to have to face the reality of either cutting back on product and personnel, or losing money in the interim and hoping for a Supreme Court ruling against the majority of Trump’s tariffs.
We should be looking something like Cuba in the next 3 years.
Except with a high crime rate.
We are clearly in a recession but A.I. spending is masking it.
Dot com bubble all over again.
Ummmm….no.
I have no idea where this article is supposed to be getting its data from, mainly because it conveniently doesnt mention its information sources or even puts down any figures to support its claims, but it is not getting any inventory data from the places that collect inventory data in the US.
Per the US ISM index of manufacturing inventories, October manufacturers inventories index was at 45. This is a diffusion index, so anything below 50 indicates contraction. This was even lower than Septembers 47.7. This means aggregate US manufacturing inventories have been declining, not rising.
This data is also supported by seperate US Census data which shows a declining inventory to sales ratio of 1.37, down from the year ago figure of 1.40.
Has anyone realized yet that we’re broke ? Like not pretend broke but actually can’t make rent don’t know if we’re going to eat tomorrow fucking broke. 🤬