SI
SI
discoversearch

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 (501983)12/2/2003 8:45:28 AM
From: Bald Eagle  Read Replies (2) | Respond to of 769667
 
Holiday spending UP 4% on 2 days after Thanksgiving. WalMart up 6%! Economy booming!



To: Kenneth E. Phillipps who wrote (501983)12/2/2003 8:47:01 AM
From: Tech Master  Read Replies (2) | Respond to of 769667
 
Great news about Izzat Ibrahim al-Douri be captured or killed, huh Kenneth? Are you pleased that the leader of the resistance has been captured or killed?



To: Kenneth E. Phillipps who wrote (501983)12/2/2003 9:46:08 AM
From: Oeconomicus  Read Replies (2) | Respond to of 769667
 
"Payrolls have declined by 1.1 million since the recession ended in November 2001."

Sorry, Kenny - don't believe everything you read. Mr. Gramlich is mistaken. Non-farm payrolls for November 2001 were 130,900,000. The October 2003 number was 130,132,000, for a difference of 768k.

See for yourself at bls.gov

BTW, we get November payroll numbers this Friday. Consensus is for a gain of 150k - I bet it'll be considerably higher than that.

PS: Bear Stearns raised its estimate of current qtr GDP up to +5%, in part because of yesterday's ISM report showing the fastest manufacturing growth in 20 years. So sad for Dean, Kerry, et al. LOL.