June 16, 2005


Factories cranking out the goods (Chicago Sun-Times, June 16, 2005)

Inflation remained docile in May while the pace of business activity at the factory level shifted into high gear, two new government reports showed Wedneday.

A third report, a nationwide survey of business conditions for the Federal Reserve, described the economy as expanding at a healthy pace.

Together the reports depict an economy shaking off the effects of an oil price surge in the early spring and resuming solid growth.

Posted by Orrin Judd at June 16, 2005 10:17 AM

Not bad for an economy that doesn't manufacture anything anymore. I thought it had all gone to China.

Posted by: jeff at June 16, 2005 11:12 AM


Posted by: oj at June 16, 2005 11:32 AM

Not all residuals or my husband would be out of biz.

Anyone see the article about Mexico and it's oil problems in the WSJ yesterday?

They're paying 20% more in energy than we are, but there were no actual figures.


Posted by: Sandy P. at June 16, 2005 12:33 PM

Try to imagine how much credit the Kerry "Administration" would be taking for it right now.

Posted by: John Resnick at June 16, 2005 12:42 PM

Not bad, considering this is the worst economy since Hoobert Heever, right Hillary?

Posted by: obc at June 16, 2005 7:19 PM

Perhaps the Republicans could emulate Carville and run against the economy of 1993, just to annoy Hillary. 1994-95 were tough years for me, so I would slavishly believe it. :>)

Posted by: jim hamlen at June 16, 2005 11:06 PM