Small Business Owners Pessimistic
Small business owners pessimistic through an apparent period of US economic resilience. The Small Business Optimism Index ticked down slightly in October, to 90.7, marking nearly two years the index has remained below its longer-term average. Wells Fargo
US Raw Steel Production Down from Previous Week
In the week ending November 11, 2023, US raw steel production was 1,683,000 net tons at an ACUR of 73.2 percent, down 0.9 percent from the previous week ending November 4, 2023.
US Drill Rigs Running Down from Previous Week
There were 616 drill rigs running in the US last week, down two rigs from the previous week, down 163 rigs from one year ago.
Meanwhile, Canadian drillers had 199 drill rigs running, up 3 rigs from the previous week, down one rig from one year ago.
Consumer Price Index Unchanged in October
The Consumer Price Index (CPI) for all urban consumers was unchanged in October on a seasonally adjusted basis, after increasing 0.4 percent in September. Over the last twelve months, the all items index increased 3.2 percent before seasonal adjustment. BLS
November 2023 Manufacturing Business Outlook Survey Reports Manufacturing Activity Continued to Decline Overall
The Federal Reserve Bank of Philadelphia released its November 2023 Manufacturing Business Outlook Survey results and reports manufacturing activity in the region continued to decline overall, according to firms responding to the survey. The survey’s indicator for general activity rose but remained negative. The indicator for shipments turned negative while the indicator for new orders was positive, but low.
Empire State Manufacturing Survey Reports Business Activity Grew Modestly in New York State
The Federal Reserve Bank of New York released its Empire State Manufacturing Survey results and reports business activity grew modestly in New York State according to firms responding to the survey. The headline general business conditions index climbed fourteen points to 9.1. new orders continued to fall slightly, while shipments picked up. Inventories increased for the first time in several months.
Headline News
An investigating prosecutor’s report is expected to criticize Biden’s handling of classified documents but the probe likely won’t result in a criminal case.
THIS IS A GREAT INJUSTICE AND ANOTHER PIECE OF CLEAR EVIDENCE THAT THE JUSTICE DEPARTMENT IS AN ARM OF THE DEMOCRATIC PARTY. DONALD TRUMP IS UNDER INDICTMENT FOR SOMEWHAT THE SAME THING, THOUGH HE HAD DE-CLASSIFIED THE DOCUMENTS AT HIS HOME. THEY WERE IN A SECURE PLACE AND STREWN ALL OVER HIS GARAGE, LIKE BIDEN’S WERE. MORE HORSE SHIT. WAKE UP!
These children of ours who are pro-Hamas, pro Osama bin-Laden, pro the butchering, of children, rape and murder of women and the elderly will one day be running the US government and the corporations of America. This is an ominous display of a lack of knowledge, lack of awareness, lack of patriotism, lack of compassion, lack of humility, lack of God. It is disgusting to any human who has the basics which I outlined above. The Lord will judge them harshly, and they deserve it.
“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.”
