Funny, lead times on products needed for manufacturing are astronomical, half a year for simple package testing equipment for example.
Our manufacturing department cannot get titanium in to make products.
The stock market scrubbed off one thousand points yesterday as we hit inflation highs.
Housing starts have plummeted.
But somehow we have very low unemployment? Everyone is busy as a bee and moving up the corporate ladder? How is this possible?
This may answer the question: many jobs are being counted twice. Wouldn't it be nice if you received two checks each pay period?
Basically, the numbers are junk. It's a lie, they're cheating.
The hazard here is that the economy REALLY tanks right after Republicans take control of congress, giving Demonicrats a ready, convenient scapegoat to erect.
And today’s news:
Average LA County Gas Price Increases for 12th Straight Day
The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Wednesday for the 12th consecutive day increasing 1.2 cents to $5.418. The average price has increased 17.2 cents over the past 12 days, including 1.4 cents Tuesday, according to figures from the AAA and Oil Price Information Service.
Around here I judge the health of the economy by how many cars I see with (empty) pallets stacked on top of their cars. More than ever.
ADP—the company that does payrolls all over the country knows the real numbers.
So are they talking about the ten-thousand-million jobs here, or another number? Asking for a friend.