Posted on 07/09/2004 6:48:33 AM PDT by KMC1
WASHINGTON DC - The new manufacturing numbers out today point to more economic record-setting news.
The Manufacturers Alliance reported that its Business Outlook index rose to 80 its highest point since 1972. An index above 50 indicates expansion anything below 50 indicates shrinkage.
The figures are based on surveys with manufacturing executives from a whole range of industries. The index is pointing to an increase in manufacturing activity for the next three months.
Executives were asked to compare product orders from April, May and June for the same time period of 2003. 90% of the respondents stated that new orders were up.
Donald Norman an economist with the Washington DC based Manufacturers Alliance said in an interview with the Milwaukee Journal Sentinel, "It's quite a rebound. Manufacturing led the recession, but it is now projected to grow faster than the overall economy."
He added, "Expansion of manufacturing activity is real and robust!"
(Excerpt) Read more at kmclive.com ...
W.Green, you gotta read good news too.
Could someone please insert obligatory Dascle photo,
Thanks
The media will be busier than a cat in a cow pasture burying this good news!........
"I'm
deeply
saddened"
THIS IS GREAT NEWS. I HOPE IT GETS MEDIA PLAY.
*not holding breath*.
THIS IS GREAT NEWS. I HOPE IT GETS MEDIA PLAY.
*not holding breath*.
I'd say your smart not to.
Of course all the acne ridden teenagers "manufacturing" burgers @ McDonalds counts into this "good" news as well.
/sarcasm
We're DOOOOOMED!!! It's all Bush's fault!
The Democrats can't handled the place another "wrong bet" on the economy, and now its time to pay the price.
Only fools and Democrats bet against this economy, folks.
The fact they still don't understand this basic concept is why the remain the Minority Party.
Willie and Dashcle are in emergency session to determine just how saddened they are. Deeply, or very are their choices.
GE has good news on economy also.
Stagflation, anyone? The slowdown has begun
All those bits of bad or mediocre economic and corporate news are not a coincidence. This isn't just a hitch in a recovery. ....yada...yada....yada....
By Bill Fleckenstein
I ignore all at CNBC except Kudlow and Cramer.
Kerry's the one undergoing surgery. Its to remove the waffle marks on his face after picking John "diapers" Edwards for his running mate.
This just can't be true! We all know that the sky is falling!
Maybe the news isn't a perfect barometer of the manufacturing sector...
but this sounds like maybe we're taking steps away from the legacies of the Carter malaise
and the Clinton era's mantra of "we can make tech fortunes out of thin air!".
LOLOLOLOLOL
LOL! The 2 Johns and their hair!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.