'The IHS Markit US Manufacturing PMI dropped to 50.6 in May 2019 from the previous month's 52.6 and below market expectations of 52.5, a preliminary estimate showed. The latest reading pointed to the weakest pace of expansion in the manufacturing sector since September 2009. Underlying data indicated a broad-based slowdown in the rates of expansion for output, employment and pre-production inventories, while new orders declined for the first time since August 2009.' United States Manufacturing PMI | 2019 | Data | Chart | Calendar | Forecast Other then a few rich people - NO ONE wins in a trade war. Only a macroeconomic ignoramus would think otherwise.