Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (124848)	2/1/2001 11:07:03 AM
From: Zoltan!	Read Replies (1) \| Respond to of 769667

Yes, Clinton entered office during a boom and everything is on track to show that he delivered US a recession: Number Shows Economy Not Growing The Associated Press Thursday, Feb. 1, 2001; 10:29 a.m. EST NEW YORK –– The overall economy failed to grow for the first time in 117 months, a key industry group said Thursday. Manufacturing activity fell to 41.2 in January, according to the National Association of Purchasing Management. The last time manufacturing registered that low a reading was in March 1991. A level below 42.7 generally indicates a contraction in the economy, said Norbert J. Ore, chair of the NAPM. Thursday's number "corresponds to a -0.6 percent annual decrease in real gross domestic product", Ore said. The NAPM report is closely watched because it is one of the first indications of economic activity in January in the important manufacturing industry. The figures are based on a survey of purchasing executives who buy the raw materials and supply for manufacturing at more than 350 industrial firms. A purchasing managers' index above 50 signifies growth in manufacturing, while a figure below 50 means contraction.... washingtonpost.com