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4 Positive economic indicators that show an improving economy

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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 07:52 AM
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4 Positive economic indicators that show an improving economy
*The supplier delivery index, a component of the Institute for Supply Management’s factory survey, rose in March to the highest level since June 2004, indicating slower delivery times as demand mounts.

*Building permits in March rose 7.5 percent from the prior month to a 685,000 annual pace, the biggest gain since December, the Commerce Department reported last week.

*Average weekly initial jobless claims fell to 448,000 in March from 467,500 in February, indicating firings were easing. Payrolls rose 162,000 in March, the biggest monthly gain in three years, Labor Department figures showed April 2.

*JPMorgan Chase & Co. is among companies hiring. Chief Executive Officer Jamie Dimon last week announced plans to hire nearly 9,000 employees in the U.S. as first-quarter earnings rose 55 percent from a year earlier.


http://www.bloomberg.com/apps/news?pid=20601103&sid=auQIqF6gyQ0s

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Fla_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:01 AM
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1. And, in local news
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abluelady Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:05 AM
Response to Reply #1
2. Unfortunately, the Job Market Will Be the Last To Improve
While I understand and have been through the job loss, it is a sad truth that everything will come back before jobs. That is part of the cycle of recessions/depressions. Of course, we have to keep on working on creating jobs, but we can't let the other positives be ignored.
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:12 AM
Response to Reply #2
3. Very well said!
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daleanime Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:55 AM
Response to Reply #3
7. How many times have we had jobless recoveries?
If we continue to ignore the working/middle class(which is most of us) no recovery is going to be long term.
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 09:03 AM
Response to Reply #7
8. None, actually. There is a history of people coining that phrase (starting in 1992)
as a way to knock the early part of a recovery. Then inevitably they are proven wrong when the jobs come(but few people remember that the jobless recovery people were wrong).
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:16 AM
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4. doubleplus good comrade n/t
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:24 AM
Response to Reply #4
5. Why are you rooting against an economic recovery?
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 08:25 AM
Response to Reply #5
6. She is an agent of Goldstein. n/t
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