Economists expect stronger growth and job creation
Economists expect stronger growth and job creation, lower risk of recession and cooler inflation than they did three months ago, according to the Wall Street Journal’s quarterly survey of professional forecasters. The economic fallout form President Trump’s policies may prove less dire than feared.
The reason: the Journal’s previous survey was conducted at the height of the president’s threats to impose eye-watering tariffs on America’s biggest trading partners.” WSJ
As I have said many times before, forecasts are not worth the paper or computer they are written, or typed on. These folks don’t know any more than you or I do. As with all news, it is better to wait until you have all the facts before reporting “news” for which you have none. Most everyone in the media have been pissing their pants about this. As we all know, prices rise, prices fall. They are so intent on labeling Trump a failure that it clouds their thinking. We are on the brink of great things for our economy. Hold your fire…
The Consumer Price Index (CPI) for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May, according to the Bureau of Labor Statistics.
Business activity picked up slightly in New York State in July
The Federal Reserve Bank of New York released its Empire State Manufacturing Survey results and reports business activity picked up sightly in New York State in July, according to firms responding to the survey. The headline general business conditions index climbed twenty-two points, its first positive reading since February. New orders edged higher, and shipments increased.
US raw steel production up from a year ago
In the week ending July 12, 2025, US raw steel production was 1,783,000 net tons at an ACUR of 78.7 percent, a 5.1 percent increase from the same period one year ago. Production for the week was up 0.1 percent from the previous week ending July 5, 2025.
Adjusted YTD production through July 12, 2025 was 46,982,000 net tons at an ACUR of 76.1 percent.
US drill rigs running down from previous week
In the week ending July 11, 2025, there were 537 drill rigs running in the US, down two rigs from the previous week, down 47 rigs from July 12, 2024.
Canadian drillers added eleven rigs, to 162, down 27 rigs from July 12, 2024.
Manufacturing activity expanded overall in July
The Federal Reserve Bank of Philadelphia released it July 2025 Manufacturing Business Outlook survey results and reports manufacturing activity expanded overall, according to firms responding to the survey. The survey’s indicator for general activity returned to positive territory, and the indexes for new orders and shipments both increased this month. All three indexes recorded their highest readings since February. The future activity indicators suggest that the firms continue to expect growth over the next six months.
News Headlines
Adam Schiff, that useless turd, is being investigated for mortgage fraud. That is wonderful news! He is a conniving liar and deserves jail time, for so many transgressions aside from this investigation. Screw him.
You are undoubtedly aware that previous to ICE agents wearing masks, they were summarily targeted by the leftist loons who wanted to commit bodily harm to the agent and/or his or her family, therefore it became necessary to mask up to protect themselves and their families. Why on earth would the leftist Democrats be against this? Rotten to the core. I still say they should shoot a few, let them know the consequences of their violence. Bastards, every one of them.
MAKE AMERICA GREAT AGAIN
“KEEP AMERICA GREAT”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”
