U.S. Manufacturing Down In November

Manufacturing in the U.S. unexpectedly contracted in November as orders dropped to a three-month low and exports slowed.

The Institute for Supply Management‘s factory index decreased to 49.5, the lowest since July 2009, from 51.7 a month earlier, the Tempe, Arizona-based group said today.  Economists projected the index would ease to 51.4, according to the median forecast in a Bloomberg survey.  A reading of 50 marks the dividing line between expansion and contraction.

Less corporate investment in equipment as U.S. lawmakers debate the nation’s budget, weaker orders from overseas and disturbances related to the biggest Atlantic storm in history are converging to slow manufacturing.  Eleven of the 18 industries covered in the report reported business shrank last month.

“Manufacturing has slowed down,” Joshua Dennerlein, an economist at Bank of America Corp. in New York, said before the report.  “Manufacturers have to prepare for demand down the road, and they’re not actually sure what it’s going to be.”

Read more:  http://www.mcall.com/business/mc-allentown-manufacturing-october-20121203,0,334772.story

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Two More Top Notch Pottstown School District Employees Leaving

The local print newspaper announced today that two elementary principals are leaving PSD.  The revolving door out of Pottstown continues. 

Dr. Angela Tuck (Edgewood) and Robert Giering (Barth) have taken positions at two distinguished elementary schools.  Both schools have received a 10 out of 10 rating from Great Schools.org.  Dr. Tuck is bound for Swarthmore Rutledge School in Delaware County and Robert Giering is joining the Downingtown School District at Uwchlan Hills Elementary School.  Both Tuck and Giering will be principals at their new schools.

Dr. Tuck has been with PSD for 10 years.  Giering has been with PSD for 6 ½ years.

The school district and Task Force are in turmoil; no thanks to Mr. Hylton’s constant meddling.  People are not going to stick around PSD to end up out of a job.  Especially high-caliber employees like Terri Lampe, Angela Tuck and Robert Giering.  These people have marketable skills as shown by their rapid departures.

These headlines will be repeated over and over.  The longer this climate of uncertainty continues the more people will leave.  If Team Hylton wins in November, the end draws nigh.