New Home Sales Jumped 14%
New home sales jumped 14% to an 800k-unit pace in September, the strongest since March. The median selling price was up 18.7% over the year, a more moderate increase compared to the 23.3% realized in the prior month. Wells Fargo
US Raw Steel Production Down from Previous Week
In the week ending 10/23/21 US raw steel production was 1,870,000 net tons at an ACUR of 84.7 percent, down 0.6 percent from the previous week.
CFNAI Decreased in September
Led by decline in production-related indicators, the Chicago Fed National Activity Index (CFNAI) decreased to -0.13 in September from +0.05 in August. The index’s 3 month moving average, CFNAI-MA3, moved down to +0.25 in September from +0.38 in August.
Fifth District Survey of Manufacturing Activity Reports Manufacturing Activity Strengthened in October
The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing Activity and reports manufacturing activity strengthened in October. All three component indexes-shipments, new orders and employment-increased.
Consumer Confidence Index Increased in October
The Conference Board Consumer Confidence Index increased in October following declines in the previous three months.
Texas Manufacturing Outlook Survey Reports Factory Activity Continued to Increase in October
The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey and reports factory activity continued to increase in October, albeit at a slightly slower pace, according to business executives responding to the survey.
Chicago Business Barometer Rose in October
The Chicago Business Barometer, produced with MNI, rose to 68.4 in October, picking up after two consecutive monthly declines. Among the five main indicators, four were higher, led by Order backlogs and Employment. Only Production fell across the month.
How does this happen, the thing called Rachel Levine, who is a man by birth, formerly the Dept. of Health and Human Services Assistant Secretary has been APPOINTED as the first FEMALE FOUR-STAR ADMIRAL in the United States Navy. Are you fucking kidding me? The Marxists are making a mockery of the United States military (and the country), weakening the ranks with their woke bullshit, their horse shit diversity, equity and inclusion.
Compensation for Separated Families
Here’s a good one: The idiot administration in Washington “is in talks to offer illegal immigrant families that were separated during the Trump administration, around $450,000 per person, in compensation, according to people familiar with the matter, as several agencies work to resolve lawsuits filed on behalf of parents and children who say the US government subjected them to lasting psychological trauma.” This is from a front-page article in Friday’s Wall Street Journal
This is from me: How is it that people who broke federal immigration law, instead of being arrested and deported, can sue the federal government for a trumped up charge like this?
The US Departments of Justice, Homeland Security and Health and Human Services are considering payments that could amount to $1 million per family, though the final numbers could shift.”
Talk about buying votes-if the Marxists get away with this ruse, we are in deeper trouble than I thought.
“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.”