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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (26178)	3/23/2005 10:12:45 AM
From: zonder	Respond to of 116555

Beats me...

To: Crimson Ghost who wrote (26178)	3/23/2005 10:48:37 AM
From: mishedlo	Respond to of 116555

UK manufacturers rein in output expectations - CBI Wednesday, March 23, 2005 11:58:26 AM afxpress.com LONDON (AFX) - Manufacturers have reined in their output expectations in the face of subdued demand, the UK's leading business lobby group said today. In its monthly industrial trends survey, the Confederation of British Industry said 30 pct of companies expected output to rise over the next three months and 21 pct expected it to fall. The ensuing balance of +9 pct falls well short of the balance of +19 pct recorded in the February survey. The CBI said the main industry groups forecasting declines in output over the coming quarter are textiles and engineering firms. In addition, it said manufacturing orders slipped further below what firms consider to be normal over the past month, with 33 pct of respondents saying orders were below normal and 21 pct saying they were above. The ensuing balance of -13 pct compares with -10 pct in the previous survey. The survey also found that export orders also remained well below normal over the past month, with 33 pct of firms saying they were below normal and 13 pct saying they were above. The ensuing balance of -18 pct in this survey compares with -20 pct last month. However, price expectations for the coming quarter have been revised down, although only slightly. A balance of +9 pct in this survey compares with +11 pct in the previous survey and +19 pct in January. The CBI's chief economic adviser Ian McCafferty said manufacturers are struggling to lift orders amid challenging economic conditions, such as the 15 pct increase in oil prices over the last month "The slow rate of output growth will not help prevent further job losses in a sector which has shed one million jobs since 1997," he said. "Demand has been subdued so far in 2005 and firms do not expect this to improve anytime soon," he added

To: Crimson Ghost who wrote (26178)	3/23/2005 11:19:27 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 116555

Here's how; If you rent instead of own, don't have medical insurance and are not going to school you are likely doing okay. You perhaps bought a big screen TV which was drastically cheaper in price and when you went shopping at WalMart to buy some of that plastic junk from China - you noticed that some items have been "rolled back". It seems to me that the statistics are skewed and miss many of the item that are necessities (like property taxes, and especially housing cost) and instead rely too much on consumables - the market is starting to notice! steve