The Radford Free Press – Page 225 – All life is problem solving.

Economics / business investment, demand, factory orders, unemployment /

Sargasso?

October 4, 2012

OK I admit it’s a stretch, but what else am I to do? Every day we see news that confirms the obvious. The economy, while recovering, is doing so at such a snail’s pace that most of us don’t notice. We are all running out of useful analogies to describe it. Our drift has gone […]

Economics / ADP, ISM Index, job creation, jobs, service sector, unemployment /

Jobs and Services: Our Crab Economy?

October 3, 2012

I am running out of ways to describe our economy. So today I am calling it a crab economy because it is still wandering about sideways. Today’s reports both support this view. First: employment. The monthly report from ADP, the payroll processing business, tells us that the private sector added 162,000 jobs in September. This is […]

Economics / business investment, demand, economic policy, fiscal cliff, ISM Index, manufacturing, Obama /

Manufacturing Increases – Just

October 1, 2012

Let’s not get too excited. It’s more the absence of loss than the presence of gain we are applauding. Today’s report by the Institute of Supply Management on manufacturing conditions and expectations showed an increase for September, with the index compiled from a survey of purchasing managers reaching 51.5, up from 49.6 in August. Obviously […]