things are starting to heat up

[Truthmatters]

News Headlines




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

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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.

 

[uscitizen]

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.

 

[Truthmatters]

yes we are a long way off from normal.

there isnt any magic bullet

 

[boedicca]

Seasonality, hun.

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

 

[PLYMCO_PILGRIM]

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.

Well its not a lot but its better than stagnant or decline.

Thanks for the story.

 

[Quantum Windbag]

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.

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.

 

[Samson]

Seasonality, hun.

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

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?

 

[sparky]

oh the myopia...............


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

Unemployment vs. payroll (real hourly earnings)

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

Simply the # of jobs available.....

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

the S&P 500index.....

US Industrail production

Inventory/sales ratio (high inv means little sales)

Retail sales

Balance of trade (import/exports)

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

Consumer Borrowing

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

Durable Good orders

Personal savings and debt

Construction spending

Manufacturing index

Consumer Confidence

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

New Home sales

Juxstaposed with existing home sales

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

Producer Prices (measures inflation for manufactures)

 

[editec]

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.

 

[Mad Scientist]

oh the myopia...............


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

Unemployment vs. payroll (real hourly earnings)

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

Simply the # of jobs available.....

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

the S&P 500index.....

US Industrail production

Inventory/sales ratio (high inv means little sales)

Retail sales

Balance of trade (import/exports)

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

Consumer Borrowing

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

Durable Good orders

Personal savings and debt

Construction spending

Manufacturing index

Consumer Confidence

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

New Home sales

Juxstaposed with existing home sales

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

Producer Prices (measures inflation for manufactures)

Yeah, but factory orders are up.

 

[rdean]

Apple admits child labor growing problem at its China factories | Marketplace From American Public Media

After an audit of Apple's suppliers in China, the tech giant has found instances of underage labor, unsafe working conditions and improper handling of toxic chemicals. Rob Schmitz explains Apple's newly released Supplier Responsibility report.

GOP senator: Federal ban on child labor is unconstitutional

Newly minted Republican Sen. Mike Lee of Utah said in a lecture posted to his YouTube channel that Congressional laws banning child labor are forbidden by the US Constitution.

GOP senator: Federal ban on child labor is unconstitutional

Now we are competing with Children. And the Republican solution is to be more like China?

Our economy is growing. Republicans are going to pull another "Bin Laden" and take credit.

 

[Samson]

oh the myopia...............

Indeed, all of your graphics are 2+ years old.

 

[Mad Scientist]

http://marketplace.publicradio.org/...ers-face-accusations-of-child-labor-suicides/Now we are competing with Children. And the Republican solution is to be more like China?

That's actually Obama's idea. He thinks it would be easier to be President of China as well.

 

[expat_panama]

oh the myopia...............

Indeed, all of your graphics are 2+ years old.

No, it would mean he's farsighted if he can see into the past farther than us.

 

[zzzz]

It looks like the economy has started its slide now.
Data signals weakness in recovery in April - Yahoo! News

Food and fuel prices are starting to decrease consumer spending on other things resulting in rising inventories. It will not be long till factory orders start to fall and people start getting laid off again. There is no way to avoid this as long as food and fuel prices continue to skyrocket. Checked out restaurant prices lately? There are clouds building on the horizon and it is time to take notice and start preparing to take shelter.

 

[Wiseacre]

Apple admits child labor growing problem at its China factories | Marketplace From American Public Media

After an audit of Apple's suppliers in China, the tech giant has found instances of underage labor, unsafe working conditions and improper handling of toxic chemicals. Rob Schmitz explains Apple's newly released Supplier Responsibility report.

GOP senator: Federal ban on child labor is unconstitutional

Newly minted Republican Sen. Mike Lee of Utah said in a lecture posted to his YouTube channel that Congressional laws banning child labor are forbidden by the US Constitution.

GOP senator: Federal ban on child labor is unconstitutional

Now we are competing with Children. And the Republican solution is to be more like China?

Our economy is growing. Republicans are going to pull another "Bin Laden" and take credit.

Did you even read your own link? Senator Lee is just saying Child Labor Laws should be done at the state level rather than at the federal level. I don't agree with that, we should have a federal standard about that, but that is a long way from your insinuation that he is against child labor laws period. The GOP solution is not to be more like China, that is a totally ridiculous charge to make.

I don't think there's much credit deserved for the current state of our economy. The dollar is tanking, real inflation is growing, housing still sucks, and there's a whole lot of people out of work. It ain't exactly time yet to start crowing about anything.

 

[Old Rocks]

Well, I am not conversant enough with economics to predict or even understand fully what the economy is doing. So here is a worms eye view from a steel mill in Oregon. A good first quarter, good enough for a 21% profit sharing check for the quarter. But still holding back on maintenance spending, and still hiring only as absolutely neccessary.

What do I get from that? Things are going a bit better, but the people making the decisions are still not confident enough of it continueing to do better to make decisions based on expected increases in orders.

 

[Old Rocks]

Apple admits child labor growing problem at its China factories | Marketplace From American Public Media

After an audit of Apple's suppliers in China, the tech giant has found instances of underage labor, unsafe working conditions and improper handling of toxic chemicals. Rob Schmitz explains Apple's newly released Supplier Responsibility report.

GOP senator: Federal ban on child labor is unconstitutional

Newly minted Republican Sen. Mike Lee of Utah said in a lecture posted to his YouTube channel that Congressional laws banning child labor are forbidden by the US Constitution.

GOP senator: Federal ban on child labor is unconstitutional

Now we are competing with Children. And the Republican solution is to be more like China?

Our economy is growing. Republicans are going to pull another "Bin Laden" and take credit.

Did you even read your own link? Senator Lee is just saying Child Labor Laws should be done at the state level rather than at the federal level. I don't agree with that, we should have a federal standard about that, but that is a long way from your insinuation that he is against child labor laws period. The GOP solution is not to be more like China, that is a totally ridiculous charge to make.

I don't think there's much credit deserved for the current state of our economy. The dollar is tanking, real inflation is growing, housing still sucks, and there's a whole lot of people out of work. It ain't exactly time yet to start crowing about anything.

What Lee is stating is that he wants to see states able to go back to the days before child labor laws. That is the only possible reason for taking that position, for that would be the result.

 

[Wiseacre]

Apple admits child labor growing problem at its China factories | Marketplace From American Public Media

After an audit of Apple's suppliers in China, the tech giant has found instances of underage labor, unsafe working conditions and improper handling of toxic chemicals. Rob Schmitz explains Apple's newly released Supplier Responsibility report.

GOP senator: Federal ban on child labor is unconstitutional

Newly minted Republican Sen. Mike Lee of Utah said in a lecture posted to his YouTube channel that Congressional laws banning child labor are forbidden by the US Constitution.

GOP senator: Federal ban on child labor is unconstitutional

Now we are competing with Children. And the Republican solution is to be more like China?

Our economy is growing. Republicans are going to pull another "Bin Laden" and take credit.

Did you even read your own link? Senator Lee is just saying Child Labor Laws should be done at the state level rather than at the federal level. I don't agree with that, we should have a federal standard about that, but that is a long way from your insinuation that he is against child labor laws period. The GOP solution is not to be more like China, that is a totally ridiculous charge to make.

I don't think there's much credit deserved for the current state of our economy. The dollar is tanking, real inflation is growing, housing still sucks, and there's a whole lot of people out of work. It ain't exactly time yet to start crowing about anything.

What Lee is stating is that he wants to see states able to go back to the days before child labor laws. That is the only possible reason for taking that position, for that would be the result.

I highly doubt that, you really think any US politician in his/her right mind would advocate that? I'm pretty sure the GOP is against a more intrusive and larger gov't such as China's, and while they are more business friendly it seems ridiculous to assume anybody would want to return to the days of the late 19th and early 20th century when workers were so callously treated.

 

[Old Rocks]

We have politicians out there that are birthers. Yes, I do think that there are a number of the Teabaggers that would think that was just fine.