The Radford Free Press – Page 229 – All life is problem solving.

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 […]

Weekly Summary / economic policy, elections, GDP, leadership, Obama, plutocracy, Romney /

Weekend September 28, 2012

September 28, 2012

This week was dominate by two themes: the continuation of muddle as our economy wallowed along, better but not a whole lot; and the apparent implosion of the Romney presidential campaign. First the economy: The big disappointment was the downward revision of GDP for the second quarter. The final numbers – this is the third […]