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We appreciate your help
in keeping this site going.
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06-16-2021, 05:56 PM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,213
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There is a lot of confidence in the economy under President Biden, even the Feds predicting an economic boom and interest rates promised/projected to be kept low at least till 2022. This has given small companies like ours the incentive to invest significant amounts of money on capital equipment and even some of the major equipment vendors are helping to arrange financing or self financing at very favorable rates. Nothing is promised but the outlook is very good and besides, the high rate of vaccination in California is a confidence booster.
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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07-19-2021, 02:19 PM
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Senior Member
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Join Date: Mar 2017
Posts: 13,366
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The American economy is booming, and so is business optimism
https://finance.yahoo.com/news/busin...100020451.html
What a difference an election makes!
Quote:
Published on Monday, JPMorgan Chase’s 2021 Business Leaders Outlook survey revealed that 88% of business leaders surveyed by the bank are optimistic about their firm's prospects over the next six months, the most on record for the 11-year-old survey.
"After enduring the challenges of the last year and a half, businesses are feeling overwhelmingly positive about what's ahead,” said Jim Glassman, head economist at JPMorgan Chase commercial banking. The survey covered 1,375 business leaders from middle-market companies, or those with annual revenues between $20 million-$500 million.
The bank's survey also shows that three-quarters of respondents are optimistic about both the national and their local economies, up 40 percentage points from last year.
Meanwhile, last week the National Federation of Independent Business (NFIB) published its small business optimism index for the month of June, which topped Wall Street expectations and moved above 100 for the first time since November. The report also showed 15% of respondents felt the next three months are a good time to expand — the highest percentage since February 2020.
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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08-19-2021, 09:05 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,366
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U.S. weekly jobless claims hit 17-month low; unemployment rolls shrink
https://www.fidelity.com/news/articl...2FK1AC-OUSBS_1
Yep, Uncle Joe's a soci@list, fer sure!
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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11-05-2021, 08:52 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,366
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October jobs report: Payrolls grew by 531,000 as unemployment rate fell to 4.6%
https://finance.yahoo.com/news/octob...180531280.html
Huh. So Donny was lying!?
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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11-24-2021, 09:54 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,366
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Weekly jobless claims total 199,000, reaching the lowest since 1969
https://finance.yahoo.com/news/weekl...175525622.html
Meanwhile, the population has grown substantially, so this is even more impressive. Thanks, Joe!
I've been retired for a couple of years, but the demand for workers is so great, I'm being actively recruited to consult. Don't need the money, but who knows?
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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12-07-2021, 10:50 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,366
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U.S. trade deficit shrinks as exports surge to record high
https://finance.yahoo.com/news/u-tra...153054133.html
Quote:
WASHINGTON (Reuters) - The U.S. trade deficit narrowed sharply in October as exports soared to a record high, potentially setting up trade to contribute to economic growth this quarter for the first time in more than a year.
The Commerce Department said on Tuesday that the trade gap plunged 17.6% to $67.1 billion. That was the biggest percentage decline since April 2015.
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Dang commie Biden regime!
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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12-20-2021, 08:12 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,237
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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02-05-2022, 08:38 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,366
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Video Compilation of Fox's Dire Job Projections Goes Viral After Monster Jobs Report Released
https://secondnexus.com/fox-jobs-report-bracing-january
Ah, Faux "News". Misinforming millions daily.
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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02-05-2022, 10:04 AM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Lest we forget, the original Roaring Twenties gave us the Great Depression.
The post Covid boom is putting inflationary pressures on the economy that have been held in check this century. The Fed is raising interest rates which will push prices higher and significantly increase our debt interest payments.
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"We have met the enemy and he is us."
Last edited by nailer; 02-05-2022 at 12:47 PM.
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