Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProSense

(116,464 posts)
Tue Jan 3, 2012, 12:13 PM Jan 2012

Instant View: Factory sector strengthens in December

Instant View: Factory sector strengthens in December

(Reuters) - Manufacturing activity picked up nationwide in December, with new orders and employment improving, according to a national survey of purchasing managers.

CONSTRUCTION SPENDING:

U.S. construction spending surged to a near 1-1/2 year high in November as investment in public and private projects rose solidly, cementing expectations of strong economic growth in the fourth quarter.

KEY POINTS: * The Institute for Supply Management (ISM) said its index of national factory activity rose to 53.9 from 52.7 the month before. The reading topped expectations of 53.2, according to a Reuters poll of economists. * A reading above 50 indicates expansion. * New orders, which economists consider a leading indicator of future activity in the sector, rose to 57.6 from 56.7. The employment component also jumped to 55.1 from 51.8.

<...>

"Momentum is solid. I wouldn't say strong, but solid. If I couple this report with the December semi-annual report there is optimism for 2012 and this December finish positions us well for that."

http://ca.news.yahoo.com/instant-view-factory-sector-strengthens-december-150855749.html



8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Instant View: Factory sector strengthens in December (Original Post) ProSense Jan 2012 OP
deleted - didn't realise FreakinDJ Jan 2012 #1
Interesting cartoon. ProSense Jan 2012 #2
Ever wonder why niether side is addressing the "Structural Issues" causing unemployment FreakinDJ Jan 2012 #5
The ProSense Jan 2012 #6
Why didn't DEMs do any thing about it when they owned Washington in 2008 FreakinDJ Jan 2012 #7
In ProSense Jan 2012 #8
So the global elite is represented by a vile parody of a Jew? DavidDvorkin Jan 2012 #3
Alerted for Anti-Semitism. Odin2005 Jan 2012 #4
 

FreakinDJ

(17,644 posts)
5. Ever wonder why niether side is addressing the "Structural Issues" causing unemployment
Tue Jan 3, 2012, 12:30 PM
Jan 2012

or the Eroding Middle Class ?

Because it would "bite the Corporate Hand that feeds them"

 

FreakinDJ

(17,644 posts)
7. Why didn't DEMs do any thing about it when they owned Washington in 2008
Tue Jan 3, 2012, 01:16 PM
Jan 2012

Gimme a Break

they didn't want to correct the problem

ProSense

(116,464 posts)
8. In
Tue Jan 3, 2012, 01:26 PM
Jan 2012

"Why didn't DEMs do any thing about it when they owned Washington in 2008"

...some ways they did, maybe not to the extent everyone wanted, but they did do something. As for the false quivalency, do you see how Republicans are trying to address these issues?



Latest Discussions»General Discussion»Instant View: Factory sec...