/dev/null Posted October 26, 2015 Share Posted October 26, 2015 As the leaves begin to turn to fall after another successful Summer of Recovery 2.0 3.0 4.0 5.0, a friendly reminder that all is well http://www.wsj.com/article_email/u-s-companies-warn-of-slowing-economy-1445818298-lMyQjAxMTE1NjIzNjAyNjY1Wj Link to comment Share on other sites More sharing options...
jr1 Posted October 27, 2015 Share Posted October 27, 2015 Quantitative Easing fun for everyone Link to comment Share on other sites More sharing options...
B-Large Posted October 27, 2015 Share Posted October 27, 2015 (edited) Hopefully the idiots will come out of the woodwork, spend tons of money they don't have in preparation for Christian Lords birthdate. Come on morons, keep this economy chugging! Like clockwork my retard in laws will whine and complain about their credit cards in January after we told them in Novernmber to stop buying into this activity. My retard father in law will restart his second job that requires being on his feet for long periods after his first job that requires he be on his feet all day even though his knee is shot and likely needs replaced to pay off the credit cards. My mother in law retired 10 years ago and constantly worries about money, has not earned a dollar in a decade, but then somehow feels new stone countertops in her kitchen are a must have. This probably doesn't have much to do with the thread topic, but it was on my mind, and I thought what the hell. Edited October 27, 2015 by B-Large Link to comment Share on other sites More sharing options...
B-Man Posted October 27, 2015 Share Posted October 27, 2015 Well B-Large, stone countertops are nice...................... As to the economy, just listen to Democrat candidates Sanders and Clinton point out how bad it is.......................lol . Link to comment Share on other sites More sharing options...
B-Man Posted October 27, 2015 Share Posted October 27, 2015 If you thought the US economy had begun showing signs of a slowdown, if not a recession, it wasn’t merely a figment of your imagination. For the second straight month, the durable goods report shows a decline even outside of the normally volatile transportation and defense sectors. In fact, the already negative August report got revised even further downward: New orders for manufactured durable goods in September decreased $2.9 billion or 1.2 percent to $231.1 billion, the U.S. Census Bureau announced today. This decrease, down two consecutive months, followed a 3.0 percent August decrease. Excluding transportation, new orders decreased 0.4 percent. Excluding defense, new orders decreased 2.0 percent. Transportation equipment, also down two consecutive months, led the decrease, $2.2 billion or 2.9 percent to $75.5 billion. Even worse, the closely scrutinized category of capital spending hit its second negative mark in a row — in a big way: Nondefense new orders for capital goods in September decreased $5.9 billion or 7.6 percent to $72.2 billion. Shipments decreased $0.4 billion or 0.6 percent to $79.8 billion. Unfilled orders decreased $7.6 billion or 1.0 percent to $752.2 billion. Inventories increased $0.1 billion or 0.1 percent to $176.2 billion. Defense new orders for capital goods in September increased $1.1 billion or 12.3 percent to $9.7 billion. Shipments increased $0.3 billion or 3.1 percent to $10.3 billion. Unfilled orders decreased $0.6 billion or 0.4 percent to $148.2 billion. Inventories decreased $0.8 billion or 3.5 percent to $22.8 billion. Capital goods dropped in both August and September. August’s revised numbers show a 7% decrease overall, a 4.7% decrease excluding defense, and a 1.6% decrease excluding aircraft. These numbers follow a less than spectacular July, in which capital spending outside of defense only increased 0.6%. Business investment gets reflected in capital goods spending, and the obvious takeaway is that businesses are shielding their cash in anticipation of some rocky times ahead. Reuters reports that the report is a harbinger of “slower economic growth”: Link to comment Share on other sites More sharing options...
TH3 Posted October 27, 2015 Share Posted October 27, 2015 Real income growth of middle class = GDP growth Link to comment Share on other sites More sharing options...
keepthefaith Posted October 28, 2015 Share Posted October 28, 2015 Usually an economic slowdown near election time would mean a new Republican Pres, but in this age of clueless democratic socialism, who knows. Link to comment Share on other sites More sharing options...
boyst Posted October 28, 2015 Share Posted October 28, 2015 Look at the forecast for how many container ships are coming in. And how many are sitting idle. Its getting worse and there will be fallout come 1Q and 2Q. Something like the fleet of container ships available are not projected to run before the 1q. Not been this bad since 08 Link to comment Share on other sites More sharing options...
B-Man Posted October 29, 2015 Share Posted October 29, 2015 (edited) US Third-quarter GDP lands with thud: just 1.5% growth Read more at marketwatch.com ... Edited October 29, 2015 by B-Man Link to comment Share on other sites More sharing options...
keepthefaith Posted October 29, 2015 Share Posted October 29, 2015 US Third-quarter GDP lands with thud: just 1.5% growth Read more at marketwatch.com ... And the damn rich just keep getting richer. We've got to increase taxes and spending until the wage gap flattens out. There's just no other answer since the rich continue to hoard the money. Link to comment Share on other sites More sharing options...
Chef Jim Posted October 29, 2015 Share Posted October 29, 2015 US Third-quarter GDP lands with thud: just 1.5% growth Read more at marketwatch.com ... It was the weather. Nice warm summer days people spend time outdoors in the hammock sipping lemonade and not spending money. Yeah.....that's it. Link to comment Share on other sites More sharing options...
Dante Posted October 29, 2015 Share Posted October 29, 2015 Quantitative Easing fun for everyone Timer set to blow when the Repubs have the prez. Blame it all on them. And the damn rich just keep getting richer. We've got to increase taxes and spending until the wage gap flattens out. There's just no other answer since the rich continue to hoard the money. No. Global corps enabled by trade deals, regulations and crone capitalism crushing competition enabled by US western government. All money and power funneled to a few. Artificial solutions like taxation will only hurt the ones you want to help. Link to comment Share on other sites More sharing options...
B-Large Posted October 29, 2015 Share Posted October 29, 2015 Well B-Large, stone countertops are nice...................... As to the economy, just listen to Democrat candidates Sanders and Clinton point out how bad it is.......................lol . B, if you don't have stone countertops, you're basically living in squalor. Help the poor! Link to comment Share on other sites More sharing options...
IDBillzFan Posted October 29, 2015 Share Posted October 29, 2015 It was the weather. Nice warm summer days people spend time outdoors in the hammock sipping lemonade and not spending money. Yeah.....that's it. None of this would be happening if the extreme right wing of the Republican party didn't keep the WH from doubling the size of the Recovery Act. Link to comment Share on other sites More sharing options...
GG Posted October 29, 2015 Share Posted October 29, 2015 None of this would be happening if the extreme right wing of the Republican party didn't keep the WH from doubling the size of the Recovery Act. .. and those darn kids in the van Link to comment Share on other sites More sharing options...
keepthefaith Posted October 29, 2015 Share Posted October 29, 2015 It was the weather. Nice warm summer days people spend time outdoors in the hammock sipping lemonade and not spending money. Yeah.....that's it. The effects of climate change are amazing. It has slowed the economy, caused ISIS to grow and caused numerous fires and floods. Time to ban oil and coal. Link to comment Share on other sites More sharing options...
DC Tom Posted October 29, 2015 Share Posted October 29, 2015 The effects of climate change are amazing. It has slowed the economy, caused ISIS to grow and caused numerous fires and floods. Time to ban oil and coal. No, this was caused by a YouTube video... Link to comment Share on other sites More sharing options...
/dev/null Posted October 29, 2015 Author Share Posted October 29, 2015 No, this was caused by a YouTube video... What difference, at this point, does it make? Link to comment Share on other sites More sharing options...
B-Man Posted October 30, 2015 Share Posted October 30, 2015 Market Watch doesn’t expect Q4 to dramatically improve the prospects for 2015: Economists predict consumer spending will show another healthy gain in the final three months of 2015, potentially pushing GDP back toward the 2.5% range or higher. Still, the third-quarter dropoff almost assures the U.S. will fail to break 3% annual growth in 2015 for the 10th straight year. The last time the economy expanded that fast was in 2005. More skittish behavior by businesses is the chief reason. U.S. companies such as manufacturers with lots of foreign customers were hit hard during the summer by a dollar whose surging value raised the price of American-made products. At the same time, U.S. energy companies cut spending on rigs, heavy machinery and other expensive equipment after the slump in oil prices. Worried about an inventory overhang, businesses have trimmed production. The value of inventories rose just $56.8 billion from July to September after $100 billion-plus increases in the prior two quarters that marked the biggest back-to-back gains ever. Link to comment Share on other sites More sharing options...
B-Man Posted November 1, 2015 Share Posted November 1, 2015 Link to comment Share on other sites More sharing options...
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