GREAT AGAIN: U.S. Manufacturing Activity Hits 13-Year High...

Discussion in 'Politics' started by Dschrute3, Oct 2, 2017.

  1. Dschrute3
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    Dschrute3 Gold Member

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    Go Trump! Go Trump! :dance:


    U.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter.

    The economic outlook was also bolstered by other data on Monday showing a rebound in construction spending in August. The acceleration in manufacturing activity and the accompanying increase in prices could harden expectations that the Federal Reserve will raise interest rates in December.

    A reading above 50 in the ISM index indicates an expansion in manufacturing, which accounts for about 12 percent of the U.S. economy...

    U.S. manufacturing activity hits 13-year high; construction spending up
    DRUDGE REPORT 2017®
     
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  2. BlindBoo
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    BlindBoo Gold Member

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    Just building on that firm foundation laid down by the Great and thoughtful President Obama.
     
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    Last edited: Oct 2, 2017
  3. bendog
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    bendog Gold Member

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    I'm glad for any potus to get lucky regardless of party. Reagan and Slick both got lucky in terms of the timing of recoveries. But what I don't understand is why Trump deflects from it with his racist dog whistles, or why he finds some need to get into a twitter war with the moonbat in NK that even undermines is own Secs of Defense and State.
     
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  4. tigerred59
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    tigerred59 Gold Member

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    Drudge...white mf please!! 12 buck an hour a jobs are all over the fuckin country. Fact: good paying jobs are never coming back to this country, either get with reality or leave for China
     
  5. Dschrute3
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    Dschrute3 Gold Member

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    Still stuck in the past, ay? Y'all haters gots to move on. Donald Trump is your President now. Deal with it, kid.
     
  6. Issa
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    Issa VIP Member

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    If one attributes it to Trump, he or she needs to seek help immediately.
     
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  7. NightFox
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    NightFox Wildling

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    That makes sense if one believes that entrepreneurs are backward looking......

    Meanwhile back on Earth.... Trump's deregulation efforts deserve a modicum of credit for the increase in the ISM and perhaps a small nod to his tax "reform" proposals, however the lions share of the credit belongs to the fact that we're in the late stages of expansion in the business cycle.
     
  8. GHook93
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    GHook93 Aristotle

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    Lol you guys are great at claiming this. It isn’t valid. I work for a too big to fail back as an attorney for regulatory compliance.

    The boom in the economy is simple. Regs has not changed but the regulators enforcing their interpretations of the regs have. They have significantly eased on them. This allows corps to less focus on (defense - law and compliance) and more on growth and acquisition.

    If Trump’s tax plan passes we will see a boom like never before in this country.


    Sent from my iPhone using USMessageBoard.com
     
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  9. bear513
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    bear513 Platinum Member

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    What did he do besides trying to stop jobs from coming to south Carolina for example?
     
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  10. bendog
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    bendog Gold Member

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    Aren't you more or less saying the same thing?
     

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