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 ...
I bet if Willie was given a million bucks, he'd bitch about having to deposit it himself. If it wasn't for great news there wouldn't be nuthin to complain about.
I sell things to people who manufacture things in this country, here in the Southeast. They are spending money again to increase capacity, streamlins operations, and reduce manufacturing cost. There is no doubt of this.
The major complaint that many of them have is getting enough reasonably hard-working people who want to work in manufacturing jobs and are willing to show up for work regularly.
lol! so true. Willie, you know its true! ;)
I keep trying to cheer him up by sending him good news but to no avail. He remains; forever glum.
bttt, and of course, the dasshole is ......
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