March Manufacturing ISM Report shows - Manufacturing sector continues growth

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Economic activity in the U.S. manufacturing sector grew in March for the 10th consecutive month, supply executives said in an industry report Thursday.

March Manufacturing ISM Report On Business
Economic activity in the manufacturing sector grew in March for the 10th consecutive month, while the overall economy grew for the 29th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business

Lots of good news that seems to bolster the job numbers we saw on Friday.:)

CkG
 

Piano Man

Diamond Member
Feb 5, 2000
3,370
0
76
We'll see if this is a fluke, or the beginning of something good. One thing is for sure, this is good news, but its a long way from a recovery. The next couple of months should let us know whether this so called recovery is for real.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: Piano Man
We'll see if this is a fluke, or the beginning of something good. One thing is for sure, this is good news, but its a long way from a recovery. The next couple of months should let us know whether this so called recovery is for real.

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

:)
CkG
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,407
8,595
126
Originally posted by: CADkindaGUY

Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

:)
CkG

a chicken in every pot
 

dirtboy

Diamond Member
Oct 9, 1999
6,745
1
81
Originally posted by: CADkindaGUY
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

Get with the program Cad, the only requirement is to have a democrat in office!
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: dirtboy
Originally posted by: CADkindaGUY
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

Get with the program Cad, the only requirement is to have a democrat in office!

Actually that is not true again. I'm sure many folks would vote republican again if the Candidate was not Bush. Let's say if McCain stepped up. Bush certainly could have done the right thing and step aside if he really cared about his party and the Country.

 

zillafurby

Banned
Mar 16, 2004
219
0
0
Originally posted by: CADkindaGUY
Economic activity in the U.S. manufacturing sector grew in March for the 10th consecutive month, supply executives said in an industry report Thursday.

March Manufacturing ISM Report On Business
Economic activity in the manufacturing sector grew in March for the 10th consecutive month, while the overall economy grew for the 29th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business

Lots of good news that seems to bolster the job numbers we saw on Friday.:)

CkG


the economy automatically rebounds after a down turn also your manufacturing sector has been helped by low rates and a weak dollar.
 

XZeroII

Lifer
Jun 30, 2001
12,572
0
0
Originally posted by: zillafurby
Originally posted by: CADkindaGUY
Economic activity in the U.S. manufacturing sector grew in March for the 10th consecutive month, supply executives said in an industry report Thursday.

March Manufacturing ISM Report On Business
Economic activity in the manufacturing sector grew in March for the 10th consecutive month, while the overall economy grew for the 29th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business

Lots of good news that seems to bolster the job numbers we saw on Friday.:)

CkG


the economy automatically rebounds after a down turn also your manufacturing sector has been helped by low rates and a weak dollar.
and an economy automatically goes down after a few years of growth. Basically this just shows that Bush is not responsible for the economy.
 

Red Dawn

Elite Member
Jun 4, 2001
57,529
3
0
Originally posted by: XZeroII
Originally posted by: zillafurby
Originally posted by: CADkindaGUY
Economic activity in the U.S. manufacturing sector grew in March for the 10th consecutive month, supply executives said in an industry report Thursday.

March Manufacturing ISM Report On Business
Economic activity in the manufacturing sector grew in March for the 10th consecutive month, while the overall economy grew for the 29th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business

Lots of good news that seems to bolster the job numbers we saw on Friday.:)

CkG


the economy automatically rebounds after a down turn also your manufacturing sector has been helped by low rates and a weak dollar.
and an economy automatically goes down after a few years of growth. Basically this just shows that Bush is not responsible for the economy.
Well since he's blamed for the Downturns I guess it's only fair he takes credit when it improves.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: CADkindaGUY
Originally posted by: Piano Man
We'll see if this is a fluke, or the beginning of something good. One thing is for sure, this is good news, but its a long way from a recovery. The next couple of months should let us know whether this so called recovery is for real.

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

:)
CkG

Anyone?

CkG
 

ReiAyanami

Diamond Member
Sep 24, 2002
4,466
0
0
If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?

the odd thing is that jobs still haven't shown up in the manufacturing sector. i guess ppl will be happy when the manufacturers start giving some of that awesome uber-growth back to the workers who are still left.

the manufacturing survey for employment is upbeat in that a majority of manufacturers insist that they plan on hiring and adding new jobs. while another manufacturing survey says a majority still plan to outsource and offshore jobs overseas. maybe they mean that when they said they'd be hiring and adding tons of new jobs, they meant in china and india...

-$7t
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: ReiAyanami
If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?

the odd thing is that jobs still haven't shown up in the manufacturing sector. i guess ppl will be happy when the manufacturers start giving some of that awesome uber-growth back to the workers who are still left.

the manufacturing survey for employment is upbeat in that a majority of manufacturers insist that they plan on hiring and adding new jobs. while another manufacturing survey says a majority still plan to outsourse and offshore jobs overseas. maybe they mean that when they said they'd be hiring and adding tons of new jobs, they meant in china and india...

$7t

So Manufacturing job numbers determine if it's a "real" recovery? How many manufacturing jobs will it take to become a "real" recovery? Like I said - I'm just curious to know when other people will decide the recovery is "real".:)

CkG
 

Shad0hawK

Banned
May 26, 2003
1,456
0
0
Originally posted by: CADkindaGUY
So Manufacturing job numbers determine if it's a "real" recovery? How many manufacturing jobs will it take to become a "real" recovery? Like I said - I'm just curious to know when other people will decide the recovery is "real".:)

CkG

maybe the same people who answer your question will anwer mine ;)

among economists a recession is generally 2 consecutive quarters of negative economic growth.

linky
linky
linky
linky
linky


so when did the definition change and who changed it? was it politically motivated?(on both sides...) will the "resession" be miraculously over if komrade kerry gets elected and the definition economists use is "re-discovered"? does CNN, and the average libderal know more about economics than yale and harvard economics professors do?

how do others here define recession?



 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Shad0hawK
Originally posted by: CADkindaGUY
So Manufacturing job numbers determine if it's a "real" recovery? How many manufacturing jobs will it take to become a "real" recovery? Like I said - I'm just curious to know when other people will decide the recovery is "real".:)

CkG

maybe the same people who answer your question will anwer mine ;)

among economists a recession is generally 2 consecutive quarters of negative economic growth.

linky
linky
linky
linky
linky


so when did the definition change and who changed it? was it politically motivated?(on both sides...) will the "resession" be miraculously over if komrade kerry gets elected and the definition economists use is "re-discovered"? does CNN, and the average libderal know more about economics than yale and harvard economics professors do?

how do others here define recession?

So this is what they are teaching in College now at MacroEconomics101.

From your Georgia State University link:

defines a recession more generally as "a period of declining real incomes and rising unemployment." In some cases, he says, two quarters may be too much. "If you had a big enough fall in one quarter, you'd probably call that a recession, too," he says.

The NBER is a nonpartisan, nonprofit think tank devoted to promoting the understanding of how the economy works. Founded in 1920 and based in Cambridge, Mass., the NBER has been dating expansions and recessions for decades. At their Web site (www.nber.org), readers can examine the ebb and flow of U.S. economic growth back to 1854.

Their definition is "a recurring period of decline in total output, income, employment, and trade, usually lasting from six months to a year, and marked by widespread contractions in many sectors of the economy."

In simpler terms, they refer to it as the three Ds: depth, duration and dispersion. That means it can't just be one part of the economy, like the manufacturing sector, which right now many think is already in its own recession. In addition, it can neither be too short nor too mild.

-----------------------------------------------------------------------------
So basically the Economists are saying there is no such thing as a Recession. I'm sure they would say the Depression never happened either.
rolleye.gif


 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: Shad0hawK
Originally posted by: CADkindaGUY
So Manufacturing job numbers determine if it's a "real" recovery? How many manufacturing jobs will it take to become a "real" recovery? Like I said - I'm just curious to know when other people will decide the recovery is "real".:)

CkG

maybe the same people who answer your question will anwer mine ;)

among economists a recession is generally 2 consecutive quarters of negative economic growth.

linky
linky
linky
linky
linky


so when did the definition change and who changed it? was it politically motivated?(on both sides...) will the "resession" be miraculously over if komrade kerry gets elected and the definition economists use is "re-discovered"? does CNN, and the average libderal know more about economics than yale and harvard economics professors do?

how do others here define recession?

This was an interesting sentence in one of your links...
"I see at least a fair argument that even if we do enter a recession in 2001, much or most of the market damage will already have occurred."

But I'd still like to get some more answers to my questions.:)

CkG
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
From the first link:

"To date no repetitions of the Great Depression have happened in the United States. At least, none politicians and the media call "depressions", regardless of their impact on actual human lives. "
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,407
8,595
126
Originally posted by: dmcowen674
Originally posted by: Shad0hawK
Originally posted by: CADkindaGUY
So Manufacturing job numbers determine if it's a "real" recovery? How many manufacturing jobs will it take to become a "real" recovery? Like I said - I'm just curious to know when other people will decide the recovery is "real".:)

CkG

maybe the same people who answer your question will anwer mine ;)

among economists a recession is generally 2 consecutive quarters of negative economic growth.

linky
linky
linky
linky
linky


so when did the definition change and who changed it? was it politically motivated?(on both sides...) will the "resession" be miraculously over if komrade kerry gets elected and the definition economists use is "re-discovered"? does CNN, and the average libderal know more about economics than yale and harvard economics professors do?

how do others here define recession?

So this is what they are teaching in College now at MacroEconomics101.

From your Georgia State University link:

defines a recession more generally as "a period of declining real incomes and rising unemployment." In some cases, he says, two quarters may be too much. "If you had a big enough fall in one quarter, you'd probably call that a recession, too," he says.

The NBER is a nonpartisan, nonprofit think tank devoted to promoting the understanding of how the economy works. Founded in 1920 and based in Cambridge, Mass., the NBER has been dating expansions and recessions for decades. At their Web site (www.nber.org), readers can examine the ebb and flow of U.S. economic growth back to 1854.

Their definition is "a recurring period of decline in total output, income, employment, and trade, usually lasting from six months to a year, and marked by widespread contractions in many sectors of the economy."

In simpler terms, they refer to it as the three Ds: depth, duration and dispersion. That means it can't just be one part of the economy, like the manufacturing sector, which right now many think is already in its own recession. In addition, it can neither be too short nor too mild.

-----------------------------------------------------------------------------
So basically the Economists are saying there is no such thing as a Recession. I'm sure they would say the Depression never happened either.
rolleye.gif

i don't know how the fvck you could possibly have read that.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: ElFenix
Originally posted by: dmcowen674
Originally posted by: Shad0hawK
Originally posted by: CADkindaGUY
So Manufacturing job numbers determine if it's a "real" recovery? How many manufacturing jobs will it take to become a "real" recovery? Like I said - I'm just curious to know when other people will decide the recovery is "real".:)

CkG

maybe the same people who answer your question will anwer mine ;)

among economists a recession is generally 2 consecutive quarters of negative economic growth.

linky
linky
linky
linky
linky


so when did the definition change and who changed it? was it politically motivated?(on both sides...) will the "resession" be miraculously over if komrade kerry gets elected and the definition economists use is "re-discovered"? does CNN, and the average libderal know more about economics than yale and harvard economics professors do?

how do others here define recession?

So this is what they are teaching in College now at MacroEconomics101.

From your Georgia State University link:

defines a recession more generally as "a period of declining real incomes and rising unemployment." In some cases, he says, two quarters may be too much. "If you had a big enough fall in one quarter, you'd probably call that a recession, too," he says.

The NBER is a nonpartisan, nonprofit think tank devoted to promoting the understanding of how the economy works. Founded in 1920 and based in Cambridge, Mass., the NBER has been dating expansions and recessions for decades. At their Web site (www.nber.org), readers can examine the ebb and flow of U.S. economic growth back to 1854.

Their definition is "a recurring period of decline in total output, income, employment, and trade, usually lasting from six months to a year, and marked by widespread contractions in many sectors of the economy."

In simpler terms, they refer to it as the three Ds: depth, duration and dispersion. That means it can't just be one part of the economy, like the manufacturing sector, which right now many think is already in its own recession. In addition, it can neither be too short nor too mild.

-----------------------------------------------------------------------------
So basically the Economists are saying there is no such thing as a Recession. I'm sure they would say the Depression never happened either.
rolleye.gif

i don't know how the fvck you could possibly have read that.

Economists have their opinions so I'm just giving you my opinion on their opinons.

From this link:

Biases in the Measurement of Unemployment

(Of course, most economists have their opinions, and my opinion is that there are relatively more discouraged workers, so that the numbers are too low -- at least in the United States).
-----------------------------------------------------------------------------------
This particular "Opinion" I certainly agree with.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: CADkindaGUY
Originally posted by: CADkindaGUY
Originally posted by: Piano Man
We'll see if this is a fluke, or the beginning of something good. One thing is for sure, this is good news, but its a long way from a recovery. The next couple of months should let us know whether this so called recovery is for real.

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

:)
CkG

Anyone?

CkG

Bueller?

CkG
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: CADkindaGUY
Originally posted by: CADkindaGUY
Originally posted by: CADkindaGUY
Originally posted by: Piano Man
We'll see if this is a fluke, or the beginning of something good. One thing is for sure, this is good news, but its a long way from a recovery. The next couple of months should let us know whether this so called recovery is for real.

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

:)
CkG

Anyone?

CkG

Bueller?

CkG

*crickets*

CkG
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Thought I'd bump this one more time too;)

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

CkG
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: CADkindaGUY
Thought I'd bump this one more time too;)

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

CkG

Obviously they are waiting for me to declare the Economy "Good".

We're not there yet.

What would it take?

Clear proof across multiple sectors, and most regions of the Country to come back. No one expects a 100% recovery since there are some Cities and States that were dessimated by the shipping of their entire local Economy overseas. Those areas will remain "Dead" until a new focus on what would be their new mantra could be found if ever at all. The new modern version of "Ghost" towns.

 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: dmcowen674
Originally posted by: CADkindaGUY
Thought I'd bump this one more time too;)

Just curious - how many months of growth are needed to make this a "real" recovery? If 10 months of Manufacturing sector growth and the overall economy has grown for 29 straight months aren't it - how many more need to be had?
I know alot of rhetoric gets thrown around - but I'd really like to know what it'll take for people to acknowledge that the economy is "recovering" and/or is getting back to a "good" stage.
Are there specific requirements in people's minds? Is it just a feeling? I really am curious - seriously.

CkG

Obviously they are waiting for me to declare the Economy "Good".

We're not there yet.

What would it take?

Clear proof across multiple sectors, and most regions of the Country to come back. No one expects a 100% recovery since there are some Cities and States that were dessimated by the shipping of their entire local Economy overseas. Those areas will remain "Dead" until a new focus on what would be their new mantra could be found if ever at all. The new modern version of "Ghost" towns.

Dave this proof already exists. This ISM report is nationwide report. Manufacturing has been expanding, services have been expanding. How long do these reports have to be positive before you will accept them.