things are starting to heat up

Discussion in 'Economy' started by Truthmatters, May 3, 2011.

  1. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    News Headlines




    Factory Orders Post Robust March Gain, Up 3%
    Published: Tuesday, 3 May 2011 | 10:04 AM ET Text Size By: Reuters

    Twitter LinkedInMore Share
    New orders received by U.S. factories climbed robustly in March, posting a fifth straight monthly gain that pointed to a healthy manufacturing sector that is supporting a continuing recovery, government data on Tuesday showed.



    The Commerce Department said new orders for manufactured goods rose 3 percent to a seasonally adjusted $463 billion, well above Wall Street economists forecasts for a 1.9 percent pickup. February orders previously reported as having fallen by 0.1 percent were sharply revised to instead show a 0.7 percent increase.
     
    Last edited: May 3, 2011
  2. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Robust?

    Don't get me wrong gains are good, however our "recovery" has been pretty wimpy so far except for the stock market and such things as the big guys play in.

    Of course buying stocks puts not one bit of capitol in the industires unless you are buying from the issuing company.
     
  3. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    yes we are a long way off from normal.

    there isnt any magic bullet
     
  4. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,772
    Thanks Received:
    12,766
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,718
    Seasonality, hun.

    We had an incredibly cold and stormy winter, which slowed down the manufacturing sector.
     
  5. PLYMCO_PILGRIM
    Offline

    PLYMCO_PILGRIM Gold Member

    Joined:
    Jul 3, 2009
    Messages:
    17,416
    Thanks Received:
    2,855
    Trophy Points:
    183
    Location:
    America's Home Town
    Ratings:
    +2,863
    Well its not a lot but its better than stagnant or decline.

    Thanks for the story.
     
  6. Quantum Windbag
    Offline

    Quantum Windbag Gold Member

    Joined:
    May 9, 2010
    Messages:
    58,308
    Thanks Received:
    5,014
    Trophy Points:
    245
    Ratings:
    +5,221
    Robustly?

    The factory orders are a positive sign, and are pretty much responsible for keeping the US out of a depression, but calling a 3% gain robust is a bit like calling the rise in unemployment unexpected.
     
  7. Samson
    Offline

    Samson Póg Mo Thóin Supporting Member

    Joined:
    Dec 3, 2009
    Messages:
    27,357
    Thanks Received:
    3,742
    Trophy Points:
    245
    Location:
    A Higher Plain
    Ratings:
    +4,210
    The OP remarks this is the 5th straight monthly gain.....March, February, January, December, November.....

    Wouldn't this suggest that incredibly cold and stormy weather HELPED the manufacturing sector?
     
  8. sparky
    Offline

    sparky VIP Member

    Joined:
    Oct 19, 2008
    Messages:
    3,326
    Thanks Received:
    324
    Trophy Points:
    83
    Location:
    paradise
    Ratings:
    +341
    oh the myopia...............


    Consumer Price Index, a key measure of inflation....

    [​IMG]

    Unemployment vs. payroll (real hourly earnings)

    [​IMG]

    Jobs lost and gained during/after each recession....

    [​IMG]

    Simply the # of jobs available.....

    [​IMG]

    Capacity Utilization , measures the amount of slack in an economy (80% ids typical)

    [​IMG]

    the S&P 500index.....

    [​IMG]

    US Industrail production

    [​IMG]

    Inventory/sales ratio (high inv means little sales)

    [​IMG]

    Retail sales

    [​IMG]

    Balance of trade (import/exports)

    [​IMG]

    Productivity (only to '07, but you get the jist)

    [​IMG]

    Consumer Borrowing

    [​IMG]

    Personal expenses and savings as % of disposable income....

    [​IMG]

    Durable Good orders

    [​IMG]

    Personal savings and debt

    [​IMG]

    Construction spending

    [​IMG]

    Manufacturing index

    [​IMG]

    Consumer Confidence

    [​IMG]

    Real Economic growth (final estimates released 3 mon's later)

    [​IMG]

    New Home sales

    [​IMG]

    Juxstaposed with existing home sales

    [​IMG]

    and again with housing starts (and yet again with population increase...)

    [​IMG]

    Producer Prices (measures inflation for manufactures)

    [​IMG]
     
  9. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    This sounds like good news.\

    But one statistic is but one statistic, too.

    It may be a harbinger of better times, or it could mean not much.

    The real proof of the pudding will be found in the employment numbers.

    When Americans are going back to work in BIG BIG numbers, THEN things actually will be better.
     
  10. Mad Scientist
    Online

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,938
    Thanks Received:
    5,211
    Trophy Points:
    270
    Ratings:
    +7,678
    Yeah, but factory orders are up. :rolleyes:
     

Share This Page