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Richard W. Richard W. is offline
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Default Manufacturing is BOOMING in USA


"Ignoramus23298" wrote in message
...
http://online.wsj.com/article/SB1000...739806306.html

Manufacturing Expands World-Wide

Best month of activity in USA in six years, makes my search for an
investment in a warehouse, possibly, even too late, although
realistically I still have a chance. My own opinion, mostly based on
liquidation auction prices for equipment that is usable in modern
production (as opposed to clapped out 50 year old manual lathes), is
that we are about to see sharp economic growth.

U.S. factory operators saw their best month of activity in nearly six
years during March. The Institute for Supply Management reported
Thursday that its index of manufacturing activity for March moved to a
reading of 59.6, from 56.5 the month before and 58.4 in
January. March's level was above the 57.0 economists had expected to
see, and it was the highest reading since July 2004. Readings over 50
indicate growth.

I do think that "Obama haters" , who succumbed to pessimism because of
who is in the White House, are making a big mistake in not recognizing
that this country has every potential to be a great economic and
industrial machine. We are now in a bull stock market by any standard,
and are seeing improvements in both growth and productivity. If this
continues, the United States will see a lot of incremental tax
revenues from additional economic activity and capital gains, and that
alone could be a big help to reduce budget deficit.

"Obama policies", which anyone should be free to like or not like, do
not fundamentally change the fact that we are a dynamic, capitalist
economy. In fact, availability of health insurance may help someone to
move towards self-employment.

i


This is the worst I have seen it in awhile. I was laid off in Oct. and I am
about to run out of unemployment. Sales went from 4.5 million a month to 1.5
and I was one of many let go. I thought I was safe with almost 13 years into
a big company. I think part of the reason is my age and being diabetic for
not getting another job. Having a steel plate holding my head up doesn't
help much either. Last time I was out of work it was for 9 days before I got
another good paying job.

All I can do is keep trying to find another job and wait and see what
happens with the economy. Only time will tell if our leader is good or bad.

Richard W.