All these years I thought it was Wiley Coyote. It was really Willie Coyote. Notice the 100% American origin of the Acme rocket.
Posted on 02/01/2005 7:13:04 AM PST by SoFloFreeper
NEW YORK (AP) -- The manufacturing sector grew for the 20th consecutive month in January, though at a moderated pace, a private research group reported Tuesday, affirming the rebound in activity at the nations' factories.
The Institute for Supply Management said that its index measuring manufacturing activity declined to 56.4 in January, from a revised reading of 57.3 in December. The January figure was slightly below the reading of 57 anticipated by analysts.
A reading of 50 or above in the index means the manufacturing sector is expanding, while a figure below 50 represents a contraction.
I bought an American Flag, made in America, at WAL-MART!
Obviously, we're doomed. Soon we won't even be able to feed ourselves.
In 1890, farming still accounted for nearly 43 percent of all U.S. jobs. But farm jobs had dropped to 17 percent of employment by 1940 and to 1.7 percent by 1960. Today, farm employment seems so insignificant that we only bother to report nonfarm employment.
When you start using facts instead of anecdotes, then we can have a conversation. As my graph showed, we produce more as a % of GDP than in the 1950's. Just because you can't see the Made in America products doesn't mean they aren't there.
Your feelings and emotions might work better at DU, we prefer facts at FR.
I addressed THAT back in reply #22.
Manufacturing "activity" does not indicate manufacturing sector "expansion".
It only reflects "activity" for those facilities that remain open, NOT the ones that have shut down. As more factories continue to close and move offshore, employment will continue to drop while this index remains skewed to only show "activity" among the remnants.
So what's your point?
Ultimately, Willie, as enough of your factories close, output should fall. But output is increasing. Why?
Were more goods manufactured in the United States in 2004 than in 2003?
Were more goods manufactured in the United States in 2003 than in 2002?
It's an observation that can be made by any American shopping in any store.
It's incumbent upon YOU to explain the disconnect between your "facts" and observed reality.
My facts are from the US Department of Commerce. Your "facts" are based on your limited observations. I'm supposed to explain the disconnect? How about you aren't looking hard enough. Come on Willie, get some facts.
Yes you are. Pretending that I'm the only one who has ever noticed the scarcity of American-made products in the stores is ludicrous.
I'm only guessing here, but I think the sample size that the US Department of Commerce used is larger than Willie Green. So how many products in what categories did you look at to find (or not find) American made products?
Were more goods manufactured in the United States in 2004 than in 2003?
Were more goods manufactured in the United States in 2003 than in 2002?
Now, now. Willie's sample size is greater than just himself. He also interviewed those on the MagLev with him. So his sample size was the conductor and himself.
Do you the manufacturing industry a favor, Mr. green, and manufacture yourself some new ideas, new attitude toward economic freedom & interdependence, and new opinions on the proper role of government.
There's been no dramatic increase in manufacturing output to offset the collapse of the textile and furniture industries, let alone the outsourcing that has occurred in other manufacturing sectors (including high tech), so the answer to you questions would have to be "no".
All these years I thought it was Wiley Coyote. It was really Willie Coyote. Notice the 100% American origin of the Acme rocket.
I don't think a whole lot of people are hee hee hee.
But if I start out with one penny in the bank and compound it at even 10% interest, it'll be a long time 'til I'm into wealth. So what I'm saying is the manufacturing activity in the U.S. is still far too low, even if growing. It's nowhere near the league it should be, other than a few areas like auto production where there is actually over-production spurred by artificially low interest rates.
Do they still count building hamburgers as manufacturing?
Economists say that the economy grew in 2004 at a rate of 4.4%, below expectations.
No wonder your a fan of the choo choo.
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