03-03-2004, 02:41 PM
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#1 (permalink)
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Pissing in the cornflakes
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More bad news for Kerry
Quote:
Fed Says Economy Continuing to Expand
Mar 3, 2:10 PM (ET)
By JEANNINE AVERSA
(AP) Federal Reserve Chairman Alan Greenspan addresses the Economic Club of New York Tuesday, March 2,...
WASHINGTON (AP) - Factories hummed and consumers kept cash registers busy in the first two months of this year, fresh evidence that the economic recovery is moving ahead, according to a Federal Reserve report released Wednesday.
"Economic activity continued to expand in January and February," the Fed said in its latest survey of business conditions around the country. However, on the jobs front, "employment has been growing slowly in most Federal Reserve districts," the report said.
Factory activity rose in 11 of the 12 regional Fed districts, good news for America's manufacturers, who were hardest hit by the 2001 recession and have struggled mightily to get back on firm footing. In the Fed's Cleveland region factory activity didn't go up, but rather held steady, the Fed survey said.
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http://apnews.myway.com/article/20040303/D8132R2O1.html
I'm glad I'm not a democrat who has to hope things get bad before next November. The question is how will this be spun to seem less good then it really is. Most recessions have unemployment in the high 7's and low 8%, but Bush despite 9/11 has not only keep unemployment in the 6's and now 5's, but has allowed the economy to recover as well.
Keep on shopping.
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Agents of the enemies who hold office in our own government, who attempt to eliminate our "freedoms" and our "right to know" are posting among us, I fear.....on this very forum. - host
Obama - Know a Man by the friends he keeps.
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