you can attribute it to the ONE-SHOT child-credit checks - will there be such a check coming this quarter? Nope
other things to look at -
more jobs have been lost this quarter - think it's something like 41,000
Consumer Spending dropped- Bush sounded guarded, telling factory workers in Columbus, Ohio, Thursday: "We cannot expect economic growth numbers like this every quarter."
On Friday, one senior Bush political strategist echoed the president's call for congressional enactment of his "six-point plan" for further economic revival. The plan includes a national energy bill, medical liability reform and trade expansion.
Bush's caution seems well-placed. The Commerce Department reported Friday that consumer spending dropped by 0.3% in September — the largest monthly drop in a year, after growing by 1% in July and another 1.1% in August.
- those of us with jobs are working longer and harder for less money, so if we are producing the same or more - where's the pressure to hire more people?
- most companies are looking very cautiously at the
Bush Boom and are holding back on new hires
currently - the spin-heads are blaming the cost of health insurance benefits as the reason most companies are not hiring
- FED is holding interest rates - this says to me that the FED is being cautious and they have concerns about sustained growth
---------
like most of Baghdad-Bush's plans/policies - they "sound" good, make a big splash when first implemented, but they have no sustaining power
I think the
Bush Boom will fall down and go boom
http://news.google.com/news?hl=en&ie=ISO-8859-1&scoring=d&edition=us&q=plant+closings&btnG=Search+NewsLaFayette Ronile plant to close by June 2004
Walker County Messenger, GA - 2 hours ago
... We feel the closings and downsizing of ... Ronile anticipates maintaining current employment
levels at the LaFayette plant for the next five to eight months.”. ...
Flatware maker Oneida Ltd. to close five plants
Detroit News, MI - 2 hours ago
... plant in Buffalo, NY, and four plants in Mexico, China and Italy as it adjusts
to slumping sales and tries to return to profitability. The closings will ...
Smithfield chief: no layoffs, plant closings for Farmland unit
Miami Herald, FL - Oct 30, 2003
... Foods, which this week completed its purchase of the pork division of Kansas City-based
Farmland Industries, does not plan layoffs or plant closings, president ...
Farmland Foods' buyer gives Wichita pep talk - Kansas City Star
and more »
Textile plant closings concern textile students at NC State
The North Carolina State Technician, NC - Oct 14, 2003
The recent textile plant closings throughout North Carolina have spurred
concern among the workers, government and even students. ...
Ford sets timetable for US plant closings
Jefferson City News Tribune, MO - Oct 5, 2003
... said the new contract provides greater flexibility to move workers from one plant ... Krygier
said the closings, along with shift reductions, are part of an effort ...
Plant closings boost power prices
Boston Globe, MA - Oct 8, 2003
... shut its 1,100-megawatt Hope Creek nuclear plant in Hancocks Bridge, NJ, Saturday
because of a hydraulic control system oil leak, a spokesman said, and FPL ...
Thumb Area hit hard with plant closings
WJRT, MI - Oct 8, 2003
By Terry Camp. Michigan — (10/08/03)--The Thumb Area has been hit
hard the last couple of years with plant closings and job losses. ...
DETROIT: plant closings.
MLive.com (subscription), MI - Oct 6, 2003
In addition to more than 300,000 automotive workers across the country, the contracts
with the Big Three and the two suppliers affect another half-million ...
LaFayette Ronile plant to close by June 2004
Walker County Messenger, GA - 2 hours ago
... We feel the closings and downsizing of ... Ronile anticipates maintaining current employment
levels at the LaFayette plant for the next five to eight months.”. ...
PolyOne to Close Plant in Wynne
Arkansas Business Online, AR - Oct 30, 2003
... PolyOne said employees affected by the plant closings will be eligible for severance
benefits and outplacement services and will be able to apply for job ...