Business Index in U.S. Increases to Two-Decade High

[Harry Hope]

Source: Bloomberg


From Bloomberg, 12/30/10:
http://www.bloomberg.com/news/2010-12-30/chicago-purchasing-managers-index-

Business Index in U.S. Increases to Two-Decade High

By Bob Willis

Dec. 30 (Bloomberg) --

Businesses in the U.S. expanded in December at the fastest pace in two
decades, adding to evidence the world’s largest economy is
accelerating heading into 2011.

The Institute for Supply Management-Chicago Inc. said today its
business barometer rose to 68.6 this month, exceeding the most
optimistic forecast of economists surveyed by Bloomberg News and the
highest level since July 1988.

Figures greater than 50 signal expansion.

Gains in business investment on new equipment and growing exports to
emerging economies will keep factories churning out goods in the
coming year, contributing to the recovery.

Read more: http://www.bloomberg.com/news/2010-12-30/chicago-purchasing-managers-index-

---

Not too shabby

Harry

[AlphaCentauri]

1. they are saving money firing employees that translate into earnings n/t

[niceypoo]

6. Fire fulltimers

Hire part timers with no benefits.

[w4rma]

2. What factories? (nt)

[Downwinder]

4. Defense Industry is still intact. n/t

[Wednesdays]

8. The ones in India, of course!

And before anyone screams, "But that's not the U.S.!!!", consider who owns them.
:think:

[DesertDiamond]

3. As in the Reagan years, what they are touting as gains are gains for the rich only.

[niceypoo]

7. Welcome to the third world

[lark]

5. Corporations raking in money

and spending it to create jobs overseas. Wonder why the MSM isn't covering the fact that our factories in china are booming and growing exponentially?

This is not good news, corporations hiring Americans and stopping the offshoring of jobs, that would be good news.

[valerief]

9. So US companies manufacture in one non-US country and sell to another non-US country

and the US economy is growing. Of course, the US economy has no relation whatsoever with US citizens.

[jtuck004]

10. HTTP Error 404File not found.

The page recovery you're looking for might have been moved. It's name might have changed, or it might be temporarily unavailable

[rhett o rick]

11. Something smells about this report. nm

[robcon]

12. Report dated 12/31/10 says the index is 56.9, a small increase from November.

November 56.6, December 56.9 no big deal.

http://www.reuters.com/article/idUSTRE6BU1BX20101231?feedType=RSS&feedName=topNews