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Midwest business jumps near four-year highs in December

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berni_mccoy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 03:18 PM
Original message
Midwest business jumps near four-year highs in December
Edited on Wed Dec-30-09 03:19 PM by berni_mccoy
http://www.reuters.com/article/idUSTRE5BT2FC20091230

NEW YORK (Reuters) - Business activity in the U.S. Midwest expanded far more than expected in December, hitting its highest in nearly four years on a massive recovery in employment and accelerating new orders.

The Institute for Supply Management-Chicago said on Wednesday its business barometer rose to 60.0 from 56.1 in November, marking its highest reading since January 2006.


That damn corporatist administration! :sarcasm: How dare they save the economy!

I know I know... jobless recovery blah blah blah Rahm Emanuel is a sith lord blah blah blah.

Unrec away naysayers.
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evan2 Donating Member (49 posts) Send PM | Profile | Ignore Wed Dec-30-09 04:48 PM
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1. Now that wages are lower, inventories depleted, purchases delayed
OF COURSE at some point, business is bound to appear to be picking up. Does the article say that wages are rising, houses are
becoming more affordable, the cost of food is coming down after nearly two years of substantially higher prices?
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 04:57 PM
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2. Hooray! Yippee! The dark days of the recession are over. Let's singalong now!
Edited on Wed Dec-30-09 04:58 PM by Better Believe It
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