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Fed survey: recovery spreads across country
Yahoo News/AP ^ | June 9th 2010 | By JEANNINE AVERSA, AP Economics Writer

Posted on 06/09/2010 12:37:16 PM PDT by Mad Dawgg

WASHINGTON – The economic recovery is finally spreading to all parts of the country. But the modest pace of growth suggests companies won't be ramping up hiring to quickly drive down unemployment.

A Federal Reserve survey, released Wednesday, found that economic activity improved across all 12 regions tracked. The last time all regions were in a growth mode was roughly before the recession started in December 2007.

The latest survey is a tad better than the previous one released in mid-April. In that survey, all of the Fed's regions — except for St. Louis — reported "economic activity increased somewhat."

In the new survey, manufacturing picked up, retail sales grew, tourism improved and housing was helped by the now-expired tax credit for homebuyers. But commercial real estate is weak and labor market conditions improved only "slightly."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: obamanomics
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I must agree with this article, the "Fed" and the Obama Admin. are definitely spreading "something" across the country and its getting deeper and deeper...
1 posted on 06/09/2010 12:37:17 PM PDT by Mad Dawgg
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To: Mad Dawgg
Fed survey: recovery spreads across country

And, to which country are they referring?

2 posted on 06/09/2010 12:38:55 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: Mad Dawgg

Oh yeah. It’s just a blazing wildfire of jobs and profits.

The media are such tools.


3 posted on 06/09/2010 12:39:50 PM PDT by JennysCool (My hypocrisy goes only so far)
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To: Mad Dawgg

Oh yeah, it is an economic paradise out here.

The Regime and its propagandists are in complete, willful disconnect with reality.


4 posted on 06/09/2010 12:41:22 PM PDT by FormerACLUmember ("Subtlety is not going to win this fight": NJ Governor Chris Christie)
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To: Puppage
"And, to which country are they referring?"

The one all these progressives dream about.

The worker's paradise that floats around inside their little pointy heads

5 posted on 06/09/2010 12:41:25 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the next one...)
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To: maddog

The only thing that is spreading is the propaganda of the Obamalamadingdong party.


6 posted on 06/09/2010 12:43:52 PM PDT by RickB444 (beat your sword into a plow and you'll wind up plowing the fields of someone who kept their sword.)
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To: JennysCool

Oh yeah. It’s just a blazing wildfire of jobs and profits.


Jobs are so plentiful that my neighbor turned down 7 job offers yesterday./s


7 posted on 06/09/2010 12:44:58 PM PDT by unkus
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To: Mad Dawgg
"A Federal Reserve survey, released Wednesday, found that economic activity improved across all 12 regions tracked. The last time all regions were in a growth mode was roughly before the recession started in December 2007."

Yeah, and we all saw how well that worked out.

8 posted on 06/09/2010 12:45:02 PM PDT by SZonian (We began as a REPUBLIC, a nation of laws. We became a DEMOCRACY, majority rules. Next step is?)
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To: Mad Dawgg

Yeah, like oil in the Gulf.


9 posted on 06/09/2010 12:45:40 PM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: unkus

It is only fair that he waits until the best one, unlike people who accept any of the many offers, only to leave in a little while. That’s not right. Your friend is just being ethical.


10 posted on 06/09/2010 12:47:14 PM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: unkus

” Jobs are so plentiful that my neighbor turned down 7 job offers yesterday./s “

Yep - lots of MLM and “just send $1000” and “send us your bank account information” job ‘offers’ clutter my SPAM box from the CareerBuilder posting I did years ago...


11 posted on 06/09/2010 12:49:22 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Leisler

It is only fair that he waits until the best one, unlike people who accept any of the many offers, only to leave in a little while. That’s not right. Your friend is just being ethical


Sorry you misunderstood, but I was being sarcastic. My “neigbor” is a ficticious person. There are no jobs, as you know.

No jobs, no recovery.


12 posted on 06/09/2010 12:52:45 PM PDT by unkus
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To: unkus

Jobs are so plentiful that my neighbor turned down 7 job offers yesterday./s
///////////////////////////////////////////////////////////

I think you misunderstood him, he said he was turned down at seven different places yesterday80)


13 posted on 06/09/2010 12:52:47 PM PDT by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: Mad Dawgg

According to Marketwatch, we might see a net loss of 200,000 jobs this month. I’m sure the market will just love that!

http://finance.yahoo.com/banking-budgeting/article/109739/the-bad-news-bad-news-on-jobs;_ylt=AmdxEIOowR9on3Szg.fvw667YWsA;_ylu=X3oDMTFhdTN1aXJjBHBvcwMyBHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA3RoZXJlYWxseWJhZA—?mod=bb-budgeting


14 posted on 06/09/2010 12:54:27 PM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Mad Dawgg

“And, to which country are they referring?”
The one all these progressives dream about.

The worker’s paradise that floats around inside their little pointy heads
>>>>>>>>>>>>>

Progressives/liberals actually live in some kind of “Alternative universe”.


15 posted on 06/09/2010 12:55:59 PM PDT by unkus
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To: Mad Dawgg

Brought to you by the AP and Yahoo! Your full time purveyors of left wing BS and psycho-babble.


16 posted on 06/09/2010 12:59:17 PM PDT by Oldpuppymax
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To: Mad Dawgg

Outright lies. The good thing is that the administration feels vulnerable enough to have to put out this fabrication via the AP. Now watch all the other lap dogs run with it.


17 posted on 06/09/2010 1:07:11 PM PDT by Natural Born 54 (FUBO x 10)
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To: Mad Dawgg

Oh, I just want to sing.


18 posted on 06/09/2010 1:14:42 PM PDT by VRW Conspirator (Government does not solve problems; it subsidizes them. - Ronald Reagan)
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To: All

The big spenders in Washington are creating millions of jobs in the aluminum can recycling industry.


19 posted on 06/09/2010 1:18:42 PM PDT by dano1
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To: Mad Dawgg
Obama gonna jawbone us into prosperity? You cannot believe a word, that liar and his tools spout.
20 posted on 06/09/2010 1:25:57 PM PDT by Armaggedon
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