Hope you all had a very nice Thanksgiving holiday…
The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey Reports Texas Manufacturing Increased Again
It reports Texas factory activity increased for the second month in a row in November after exhibiting weakness in the first three quarters. (A glimmer of hope for oil and gas???)
November Chicago Business Barometer
However…the November Chicago Business Barometer dropped sharply in November, decreasing 7.5 points to 48.7 in the month. New orders fell to their lowest level since March, putting the Barometer back in contraction for the sixth time this year. The significant decline is indicative of the see-saw pattern of demand seen in 2015 with output and orders shifting in and out of contraction.
Institute for Supply Management (ISM) November Manufacturing Report on Business
Economic activity in the manufacturing sector contracted in November for the first time in 36 months, since November 2012, while the overall economy grew for the 78th consecutive month, say the nations supply executives in the latest Manufacturing ISM Report on Business. The report was issued by Bradley J. Holcomb, CPSM, CPSD,chair of the Institute for Supply Management
Manufacturing Business Survey Committee.
Chicago Fed Midwest Economy Index for October
The Chicago Fed released its Midwest Economy Index for October indicating Midwest economic growth was somewhat lower than what would typically be suggested by the growth rate of the national economy. Duh….
Employers added 211,000 jobs in November. The unemployment rate remains at 5% (in their world)
The US Department of Commerce Full Report on Manufacturers Shipments, Inventories and Orders for October 2015:
- New orders for manufacturers durable goods in October, up following two consecutively monthly decreases, increased 1.5 percent.
- Shipments of manufactured durable goods in October, down two of the last three months, decreased 1.0 percent?
- Inventories of manufactured goods in October, down five of the last six months, decreased 0.3 percent.
San Bernardino, Ca.
Sayed Farook and his wife, recently back from Saudi Arabia, suited up in tactical gear, dropped their six month old child off at mom’s house and proceeded to massacre 14 people and wound 17 others. No shouts of alu akbar…but I think it reasonable to assume this was an act perpetrated by radical muslims. Both the man and wife were shot dead by police who gallantly ran TO the danger (we desperately need our police forces). Yes, these creeps are here in America.
Pray for peace….prepare for war.
Of course the president says “it was possibly workplace related” ….right, multiple pipe bombs in the house, a large cache of weapons and ammunition.
Have a great weekend…
Hire a Veteran
Respect your law enforcement personnel. They put their lives on the line every day for our safety.
Pray for and honor those serving in our armed forces.
Buy American made products whenever possible.
Pray for peace…prepare for war