US Manufacturing Continues to Decline
According to a report by the Institute for Supply Management (ISM), manufacturing in the US contracted last month despite the overall economy expanding.
Some American manufacturers are excited about prospectively better outlook with incoming President Trump.
US Oil Looking to Disrupt Saudi Arabia’s Dominance
Saudi Arabia has long dominated oil supply as part of OPEC, but the US has been looking to reduce their reliance on external oil suppliers and has been increasing domestic oil production.
US oil production has averaged 47% more than Saudi Arabia’s oil production this year.
