Showing posts with label Demand. Show all posts
Showing posts with label Demand. Show all posts

Wednesday, December 04, 2013

Back To The Drawing Board

Midwest and national manufacturing grew in November, reports say.

From the article...

Factories making machinery, metal parts, furniture and other long-lasting goods saw product orders jump in November, which helped boost hiring across the manufacturing sector, according to two closely watched reports released Monday.

So, when people buy more things, the companies that make those things hire more people. Huh. I thought companies hired more people when they got tax cuts and demand had nothing to do with it. Apparently, I have been misinformed.

And growth is widespread?

For the nation, the Institute for Supply Management reported growth across several industries, including plastics, rubber, textiles, furniture, paper, metals, transportation equipment, computers and printing. In addition, U.S. manufacturing jobs grew, creating “the highest reading since April 2012,” said Bradley Holcomb, chairman of the Institute’s Manufacturing Business Survey Committee. Fifteen out of 18 manufacturing sectors grew, giving hope that the worst of the lackluster recovery is behind the nation.

And the cost of health care is seen as decreasing?

Over the next few years, the government is expected to spend billions of dollars less than originally projected on the law, analysts said, with both the Medicaid expansion and the subsidies for private insurance plans ending up less expensive than anticipated.

And now even the web site is working better? Sheesh!

Ah well, I guess it's back to the drawing board (and deep into the bubble) for the apocalypcists!