In the first episode of this new show, ‘Cliff Notes on the Global Manufacturing Picture’, host Cliff Waldman discusses the latest (December 2019) Federal Reserve report on U.S. manufacturing production growth and reviews factory sector activity for all of 2019. He then analyzes the global economic context for these manufacturing data. Cliff concludes by discussing the key questions for assessing the near-term outlook for U.S. manufacturing performance. This new series will air monthly.