Manufacturing Sector Grew in September
The manufacturing sector grew in September according to the Institute for Supply Management (ISM) September 2022 Manufacturing ISM Report on Business. The overall economy achieved a 28th consecutive month of growth.
The report was issued by Timothy R. Fiore, CPSM,CPM, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:
The September Manufacturing PMI registered 50.9 percent, 1.9 percentage points lower than the 52.8 percent recorded in August. This figure indicates expansion in the overall economy for the 28th month in a row after contraction in April and May 2020. The Manufacturing PMI is the lowest reading since May 2020, when it registered 43.5 percent.
Consumer Confidence Index Increased for 2nd Consecutive Month
The Conference Board Consumer Confidence Index increased in September for the 2nd consecutive month, buoyed by jobs, wages and declining gas prices.
US Raw Steel Production Up from Previous Week
In the week ending October 1, 2022, US raw steel production was 1,700,000 net tons at an ACUR of 77.1 percent, up 1.0 percent from the previous week ending September 24, 2022.
US Drill Rigs Running Up from Previous Week
There were 765 drill rigs running in the US last week, up 1 rig from the previous week, up 237 rigs from 1 year ago. Canadian drillers idled two rigs, to 213, up 48 rigs from one year ago.
News Headlines
Our southern border remains wide open and this administration does not give a crap who is coming into the United States.
Yes, the battles rage on in Ukraine.
We have plenty of oil and gas underground in the USA and yet the idiot in the Oval office continues to drain the strategic oil reserve and is now negotiating to purchase oil from the Maduro dictatorship in Venezuela. Dirty oil, dirty people. Biden doesn’t care one bit.
I am so tired of hearing about climate change and the “existential” threat it poses to life on earth. It is all bullcrap. Al Gore was telling us the end of life on earth was imminent, what, 50 years ago? Hmmm. Has anything changed in the world climate to lead you to believe his garbage? The idiot, AOC, told us, what 4 years ago, that we had 12 years to save the planet. Has anything dramatic changed in world climate since then? NO. To the Marxists, every storm is a warning of impending doom and unfortunately, there are plenty of idiots in our society who suck that crap up as gospel. What it is, is a means for these clowns to get wealthy. All of the climate model forecasts are for 50 years down the road. None of us will be alive to see the truth, especially the forecasters. All nonsense.
After all the Biden family criminal activity which has been revealed, the DOJ is considering bringing tax charges and gun charges against Hunter. It is a damned joke. Hunter and his father, the president, have made fortunes in quid pro quo activities and nothing is being said, that is NOT justice.
As our government continues to poke the Russian bear, our government has seen fit to buy $290 million worth of drugs in preparation for nuclear emergencies. That’s nice…
On Thursday, in an obvious vote getting political move, the Biden administration issued pardons for thousands of people convicted under federal marijuana possession laws and called for a review of how marijuana is classified under federal law. About 6500 people convicted on federal charges of possession from 1992 to 2021 will be impacted. Thousands more were convicted of possession in the District of Columbia.
White House aides were also watching the calendar with the midterms in mind, hoping that changes long sought by criminal justice advocates will help build enthusiasm among black voters, younger voters and a wider array of democratic voters.”
Really?
“MAKE AMERICA GREAT AGAIN”
and
“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.”
