Tuesday, January 29, 2008

Recession? What recession?

I’m shocked! Shocked, I say that his has even made it through the AP filters.

Durable Goods Orders Rise by 5.2 Percent

Orders to factories for big-ticket manufactured goods soared in December by the largest amount in five months, welcome news for an economy buffeted by talk of recession.

The 5.2 percent increase in orders was a surprise finish for the manufacturing sector at year's end — a segment of the economy considered to have had a poor year.


This has got to be disappointing news for those looking forward to, nay, salivating over the prospect of a recession.
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2 comments:

  1. GUYK1/29/2008 3:27 PM

    yep. but the MSM ain't gonna advertise this.

    It is probably do to the silver lining in the cloud of the dollar de-evaluating against so many of the world currencies..makes our exports cheaper to buy..

    ReplyDelete
  2. joated1/29/2008 3:28 PM

    ...which results in more jobs here at home.

    ReplyDelete

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