 |
Man that was easy! Check out the International Comparisons of Productivity. This was a study just out (dated July 2, 2005 --it's tomorrow there).
That good enough for you?
Posted on 07/01/2005 7:27:38 AM PDT by Toddsterpatriot
Manufacturing Activity Expands at a Faster-Than-Expected Rate in June; New Factory Orders Up
NEW YORK (AP) -- The U.S. manufacturing sector expanded at a faster-than-expected pace in June, as new orders to factories picked up, a private research group reported Friday. Activity at the nation's factories increased for a 25th consecutive month, according to figures from the Institute for Supply Management. The June upturn followed six consecutive months of slowing growth in the sector, the group said.
ISM's manufacturing index registered 53.8 percent in June, up from a reading of 51.4 in May. The new reading was notably higher than the 51.5 figure forecast by analysts.
A reading of 50 or above in the index means the manufacturing sector is expanding. A figure below 50 represents a contraction.
"These are the most positive signs that we have seen in several months, and they indicate that we may be through the 'soft patch' that many observers touted," said Norbert J. Ore, chair of ISM's manufacturing business survey committee.
The reading reflects an increased rate of growth in new orders, and a slowing rise in prices paid by manufacturers for raw materials. At the same time, high energy costs and a strong dollar continue to weigh on the sector, ISM said.
Of the 20 industry sector tracked by the group's survey, 13 reported growth in June, including petroleum, textiles, food, miscellaneous, wood and wood products, furniture, instruments and photographic equipment, industrial and commercial equipment and computers, rubber and plastic products, chemicals, electronic components and equipment, printing and publishing and primary metals.
Liar liar pants on fire.
I'm happy when you're accurate. Not happy yet.
Let's put this to bed once and for all.
Gov't stats (Labor Dept., Census Br., OSHA, etc.) all use the Standard Industrial Classification (SIC) System. In order to find out what sector a burger-flipper is, all you do is look up fast food restaurants in the manual and you get a list of all kinds of burger flippers. They're all under code 5812, and it so happens that this is part of Major Group 58: Eating And Drinking Places under Division G: Retail Trade which is listed in the BLS glossary as one of the "Service-producing industries (Standard Industrial Classification)".
I hope I wasn't going to fast for anyone. Remember, quiz on Monday and this will be on it.
Now what will these guys whine about?
What is your source?
In case you did not know it, there is a verb "wax" which is the opposite to "wane".
Man, this economy just sucks! I have to work at Walgreens and clean toilets for old people...
Oh, wait! I was accidentally channeling the troll that got zotted earlier. Pardon me! ;)
Every year or so the Economist magazine always seemed to feature one new study after another. Give me a bit and I'll do some surfing --it's good that you're keeping me honest. For anecdotal reference, virtually every overseas construction contractor I've ever met will swear by the fact that everything runs better when an American is in charge.
Yes, I knew that. In case you did not know it, their was a movie called The Karate Kid where the master taught the kid how to fight by getting him to wax his car.
You'd have to have a sense of humor to get the joke.
|
Man that was easy! Check out the International Comparisons of Productivity. This was a study just out (dated July 2, 2005 --it's tomorrow there).
That good enough for you?
 |
"I don't know. I'll think of something."
LOL!!!
Maybe, but it required also that the verbs wax/wane were in your dictionary when you made your statement.
So you're saying neutrino wasn't talking about China waxing a car? Gee, thanks!!
I see. So if a worker in USA works longer hours and takes much less vacation his "productivity" goes up. And how is the content of GDP in the compared countries different?
How are the median wages comparing to the productivity?
No, he wasn't.
I heard someone the other day, maybe it was Rush, talking about how conservatives are optimistic and liberals are pessimistic. That's why I don't understand these "conservative" protectionists on FR. I always thought Americans had a can do spirit. These guys sound like they already surrendered, like they already lost. I have a hard time believing they're really conservative they're such whiners.
Let me know if you need a lesson in humor. Or math.
Don't tell Willie Brown!
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.