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Payrolls climbed by 515,000 in May, the fifth straight month of gains and the biggest since 1983, according the median forecast in a Bloomberg survey of 80 economists. The expansion probably reflected a surge in government hiring of temporary help to conduct the census and a 175,000 increase in private employment.
June 1 (Bloomberg) -- U.S. manufacturing grew in May at a faster pace than forecast as factories added workers to meet the greatest export demand in two decades as well as a revival in domestic orders.
Stocks worldwide erased earlier losses after the reports helped dispel concern industrial slowdowns from China to Europe meant the global rebound was stalling. Orders at companies including Deere & Co. and 3M Co. are climbing as customers update equipment and rebuild inventories.
“It’s really difficult to find pockets of weakness in the economy and some sectors, like manufacturing, are growing robustly,” said Zach Pandl, an economist at Nomura Securities International Inc. in New York, who projected the index would drop to 59.8. “The recovery is quite durable at this point.”
If you think the economy is "roaring back" buy stocks.
If you think the economy is "roaring back" buy stocks.
If you think the economy is "roaring back" buy stocks.
Why should I? It's not like stocks actually reflect anything meaningful these days. Might as well be gambling in Vegas.
If Stocks actually reflected steady business growth, I would have invested heavily some time ago.
Then don't. I don't really care what you do. But if I thought the US economy was "roaring back" , I would invest in it.
You seem to want to credit the government for the econpmy, please tell us what Obama has done to create this suddenly "roaring" (sic) economy?
Then don't. I don't really care what you do. But if I thought the US economy was "roaring back" , I would invest in it.
You seem to want to credit the government for the econpmy, please tell us what Obama has done to create this suddenly "roaring" (sic) economy?
Actually I DON'T credit the government for the economy. I never really have.
My point was that right-wingers have been making a huge deal out of the supposed "failing economy" for some time now. Some, like Rush Limbaugh claiming that we were entering the "Obama Depression".
Now, they are being proved utterly and completely wrong in every way, and so they are desperately trying to change the subject by trying to blame Obama for the Gulf oil spill.
another LWC strawman and bogus thread....
he fails to state no one has blamed him for the spill itself, rather the response and his admin's lax approval of permits which dems run from that reality....
during katrina, the economy was also picking up, housing was going up....but oh no, the dems were everywhere blaming bush....perhaps LWC should try a little more honesty in his approach
no one is changing the subject you twit...this has been the subject among both DEMS and REPUBS for almost two months....your stats just came out
No whines here willie...
Just happiness that the economy picked up a full head of stream and is chugging along.
More like bragging than whining actually.
no one is changing the subject you twit...this has been the subject among both DEMS and REPUBS for almost two months....your stats just came out
Ahh, but the right-wingers only really started pouring it on LAST WEEK, when they would have seen the trend already.
Remember when the dems were whining about the Debt?? (when you're in a hole...stop diggin')No whines here willie...
Just happiness that the economy picked up a full head of stream and is chugging along.
More like bragging than whining actually.
Really? 9.5% enemployment and real GDP lower than it was in 2008 is "a full head of steam and chugging along" ? Brag away!!
No whines here willie...
Just happiness that the economy picked up a full head of stream and is chugging along.
More like bragging than whining actually.
Really? 9.5% enemployment and real GDP lower than it was in 2008 is "a full head of steam and chugging along" ? Brag away!!
Payrolls climbed by 515,000 in May, the fifth straight month of gains and the biggest since 1983
