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Old 12-01-2011, 11:19 AM
 
69,368 posts, read 64,156,622 times
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Manufacturing expands fastest pace since June, which doesnt normally happen this time of year.
Construction spending ruse .8% in October, also doesnt usually happen till beinning of the year
Trucking goods up, which normally is down this time of year as well.

Only thing left, unemployment up again, which is normally down this time of year.

I can only imagine what would be happening if government would stop encouraging companies to not hire.
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Old 12-01-2011, 11:21 AM
 
Location: Dallas, TX
31,767 posts, read 28,839,819 times
Reputation: 12341
Personally, I'm surprised that we have avoided a double digit Unemployment Rate considering that patriotic Americans have been at it to make sure the economy stays down.
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Old 12-01-2011, 11:37 AM
 
69,368 posts, read 64,156,622 times
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Quote:
Originally Posted by EinsteinsGhost View Post
Personally, I'm surprised that we have avoided a double digit Unemployment Rate considering that patriotic Americans have been at it to make sure the economy stays down.
Thats the best, most educated reply you could come up with? Thats pretty pathetic...

American "greed" indicates that I hire as many people as I can afford, as long as they are able to create as much wealth for me as possible, so tell me Einstein

Why would I forgo my own personal greed to make sure the economy is staying down, and if the economy is staying down, why is trucking, housing, and manufacturing up
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Old 12-01-2011, 11:38 AM
 
Location: southern california
61,288 posts, read 87,471,556 times
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without a reducion in debt there is no recovery.
its not a recession and recovery. its a contraction.
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Old 12-02-2011, 06:35 PM
 
Location: Midwest
38,496 posts, read 25,842,436 times
Reputation: 10790
Quote:
Originally Posted by pghquest View Post
Manufacturing expands fastest pace since June, which doesnt normally happen this time of year.
Construction spending ruse .8% in October, also doesnt usually happen till beinning of the year
Trucking goods up, which normally is down this time of year as well.

Only thing left, unemployment up again, which is normally down this time of year.

I can only imagine what would be happening if government would stop encouraging companies to not hire.
Good news! Unemployment is down!!!!
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Old 12-02-2011, 06:39 PM
 
Location: Great State of Texas
86,052 posts, read 84,548,114 times
Reputation: 27720
So one month's data on one segment of the economy is all it takes for you to declare "recovery" ?
How naive.
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Old 12-02-2011, 06:43 PM
 
3,457 posts, read 3,625,908 times
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Quote:
Originally Posted by HappyTexan View Post
So one month's data on one segment of the economy is all it takes for you to declare "recovery" ?
How naive.
but there was a 0.8% monthly fluctuation in construction spending! are you not compelled?
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Old 12-02-2011, 06:43 PM
 
Location: Midwest
38,496 posts, read 25,842,436 times
Reputation: 10790
Quote:
Originally Posted by HappyTexan View Post
So one month's data on one segment of the economy is all it takes for you to declare "recovery" ?
How naive.
Sorry this good news is bad news for ya.
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Old 12-02-2011, 06:45 PM
 
Location: Great State of Texas
86,052 posts, read 84,548,114 times
Reputation: 27720
Quote:
Originally Posted by Cletus Awreetus-Awrightus View Post
but there was a 0.8% monthly fluctuation in construction spending! are you not compelled?
Sorry..still not compelled

3-4 months of solid data and more segments reporting.
Decline in people participating in entitlement programs (not including SS/medicare), increase in freight numbers, port traffic, etc.
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Old 12-02-2011, 06:47 PM
 
Location: Great State of Texas
86,052 posts, read 84,548,114 times
Reputation: 27720
Quote:
Originally Posted by jojajn View Post
Sorry this good news is bad news for ya.
Please show me where in my post I said it was bad ?
What I said is that folks taking one month of data as "signs" are naive.
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