Monday, November 03, 2003

More Economic News



Courtesy of the Drudge Report:

Story: Construction Surges to Record in September

Story: Factory Growth Fastest Since 2000

Story: Stocks Rise to 17-Month High

Matt's Chat

Things aren't looking so good for the Dem 9...they have to hope that things turn really bad in order for their positions on Bush's economic record to stick. I'm no economics or financial wizard, but things continue to be looking up from where I sit. There are a few economists/financial people out there who are cautioning against getting crazy with giddiness; and I would concur, the American economy can turn in either direction quickly. But most forcast continued growth. And it looks pretty good so far...

Mark's Remarks

Well, there are some who ask: what does this do for Joe Average American? Well, with these indicators of increased construction, etc., it seems to me that there would be more jobs available...With factory growth rising, it seems to me that would allow for expansion....of course, I don't have an MBA, I am just Joe Average American....so what do I know? Of course, if we believe the Fed Ex Commerical, maybe having an MBA is not such a benefit....("Oh, you have an MBA? Then I will have to show you") Also, if stocks are rising, whether you invest directly or not, it seems to me that this would give companies more capital to invest in growth and expansion, thereby producing more jobs......Am I making any sense, or do I need to draw a picture?