Posted on 08/03/2009 8:21:14 AM PDT by Turret Gunner A20
Monday, August 3, 2009
NEW YORK - A private-sector measure of U.S. manufacturing activity declined last month at the slowest pace since August. Production jumped to its highest level in more than two years as manufacturers worked to restock customers' bare shelves, another sign that the recession may soon be over.
(Excerpt) Read more at home.peoplepc.com ...
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I think they mean last August.
However, a more accurate indicator is the Baltic shipping index anywise. And it’s been languishing.
“U.S. manufacturing activity DECLINED last month at the slowest pace...”
The keyword is in bold. More lipstick on the pig!
You would think manufacturing would be UP in the summer time.....right?
Don’t bet on it.
Harley is shutting down a lot of production for the 4th quarter and a number of ag machinery producers up in this area have very little on the books for the 4th. Steel prices were shooting up significantly as of today due to raw material surcharges (around .7/lb).
Companies will have more than enough steel for the rest of their current orders on the books. We enjoyed a good last 2 weeks of July, but know full well the month of August will be TERRIBLE.
August timeframe may start killing off a lot of the smaller (see small business) manufacturers. Can’t get credit for material and can’t get their customers to pay on time much less want to order anything more than they need.
Not too optimistic about a recovery by this time NEXT year.
I guess we’ll see.
That story is pure bullshit. We are headed, not only for a depression, but for a famine and national bankruptcy.
Thanks to the voters who put obama and the Democrats in power.
Notice that I did not refer to them as Americans.
Unspinning the Orwellian econospeak, the US economy declined year over year, and is still declining month over month, but we’re back to August, ‘08 levels of contraction, which is not as bad as it has been between now and then.
Quite right! More lipstick on the pig. They’re putting it on with a paintbrush.
Good news, people! We’re still sinking, just not as fast as we were a few months ago. Water’s still pouring in, just not as fast...
We are headed, not only for a depression, a famine and national bankruptcy, but a communist takeover.
We are headed, not only for a depression, a famine, a national bankruptcy, and a communist takeover, but a world war.
We are headed, not only for a depression, a famine, a national bankruptcy, a communist takeover, and a world war, but nuclear terrorism.
We are headed, not only for a depression, a famine, a national bankruptcy, a communist takeover, a world war, and nuclear terrorism, but a total global nuclear exchange.
We are headed, not only for a depression, a famine, a national bankruptcy, a communist takeover, a world war, and nuclear terrorism, and a total global nuclear exchange, but universal cases of SuperAids.
We are headed, not only for a depression, a famine, a national bankruptcy, a communist takeover, a world war, and nuclear terrorism, a total global nuclear exchange, and universal cases of SuperAids, but giant radioactive ant people.
We are headed, not only for a depression, a famine, a national bankruptcy, a communist takeover, a world war, and nuclear terrorism, a total global nuclear exchange, universal cases of SuperAids, and giant radioactive ant people, but ZOMBIES.
And then things get TOUGH.
I can handle it all except Zombies.
Err, first of all, what is this this alleged “US manufacturing” that you are talking about?
So little is actually made in the US now, that a change one way or the other shouldn’t be used as a measuring stick for anything.
....and then the fight started.....
Sweet. Another green shoot.
Now if the gov can just raise our taxes some more and build some windmills and take over healthcare the economy will roar back to life.
The ZOMBIES are the only part that’s GUARENTEED.
The ZOMBIES are the only part that’s GUARENTEED.
We are headed, not only for a depression, a famine, a national bankruptcy, a communist takeover, a world war, and nuclear terrorism, a total global nuclear exchange, universal cases of SuperAids, and giant radioactive ant people, but ZOMBIES.
You have to know these kind of things if you want to be king you know.
I Am Legend ZOMBIES, only with I AM ROBOT bodies, so they can tear right through metal.
Hope you got your plate mail and pikes ready. Remember, go for the braincase.
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