US Consumer Confidence Index Highest Level Since April 2022
The US Consumer Confidence Index highest level since April 2022, increased in December, following back-to-back monthly declines.
Growth in Texas factory Activity in December
The Federal reserve Bank of Dallas released its Texas Manufacturing Outlook Survey and reports growth in Texas factory activity resumed in December. The production index, a key measure of state manufacturing conditions, rose nine points, suggesting a pickup in output growth. Oother measures of manufacturing activity showed mixed signals this month.
US Raw Steel Production Down from Previous Week
In the week ending 12/24/2022 US raw steel production was 1,614,000 net tons at an ACUR of 72.3 percent, down 0.8 percent from the previous week ending 12/22.
US Drill Rigs Running Up from Previous Week
There were 779 drill rigs running in the US as of 12/28, up 3 rigs from the previous week, up 193 rigs from one year ago.
the Canadians had a fun week with 199 drill rigs running after capping 103 rigs from the previous week. Down 37 rigs from one year ago.
I was going to list my disappointments in the year 2022, but I cannot change the past. Certainly, the current administration gives plenty of fodder on a daily basis, to explain the displeasure with the direction of our country. The worst thing is that the American people had a chance to change the direction in the mid-term elections, but they chose not to do so. That causes me more consternation than the Marxists running our country do. It is beyond comprehension to anyone with a modicum of common sense. You can look forward to two more years, at least, of a faltering economy, high inflation, open borders, violence and rampant crime in our streets, the indoctrination and sexualization of our children. All of this could have ended if the citizens would agree that to “Make America Great Again” is a worthwhile cause, something to strive for. After all, this is still the greatest nation on the planet. They have not destroyed everything yet, but they are working on it.
Nonetheless, I wish you all a healthy, happy and prosperous New Year, something to strive for…
“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.”