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To: Rock_nj who wrote (561835)4/8/2004 1:00:20 PM
From: JDN  Respond to of 769667
 
rock: You cant raise taxes in a recession. Think how much MORE MONEY we all are making from the recovery. Here is a post you might have missed today. jdn

US manufacturing outlook rises to record high
[08 Apr 2004]
WASHINGTON (AFP)

A barometer of the US manufacturing outlook shot to a record high in March, and factory job prospects improved, a survey of industry executives showed.

The business outlook barometer, compiled from a survey by the Manufacturers Alliance/MAPI research group, edged up one point to 78, the highest in the survey's 32-year history.

Any figure above 50 indicates expanding future activity.

"The significance of the March survey results is that the surprising strength shown in the previous quarter's survey was repeated for a second straight quarter," said Manufacturers Alliance/MAPI economist Donald Norman.

"This adds confidence to expectations that manufacturing sector activity will expand in 2004."