To: Neeka who wrote (150389 ) 12/9/2005 6:53:30 PM From: Thomas A Watson Respond to of 793846 moenmac, that ad is mean and vicious and just perfection. But I also like the ecomony news... Friday, December 09, 2005 Economy Talk: News For The Week Of December 5th State And Local Revenue Rose 7.2% In The First Nine Months Of This Year, The Biggest Jump Since 1990. ("Outlook Good For Tax Cuts By States," USA Today, 11/18/05) Three Years Of Strong Revenue Growth Have Left States With Large Surpluses: New Mexico Has A $1 Billion Surplus And Florida Expects More Than $3 Billion. ("Outlook Good For Tax Cuts By States," USA Today, 11/18/05) Spending On Construction Projects Increased 0.7% In Oct. And Is Up 7.9% In The Past Year. ("Oct. Construction Outlays Rise 0.7%," Marketwatch, 12/1/05) Orders For Factory Goods Increased 2.2% In Oct. ("Factory Orders Increase 2.2% In Oct," Marketwatch, 12/6/05) Orders For Large Manufactured Goods Grew 3.4% In Oct. - The Best Growth Since June 2000. ("New Home Sales, Orders For Durable Goods And Consumer Confidence All Post Strong Gains," The Associated Press, 11/29/05) The Institute For Supply Management Manufacturing Index Was At 58.1% In Nov. And Has Been Above 50 Since May 2003 (Over 50 Indicates Expansion). ("Factory Activity Remains Strong In Nov," Marketwatch, 12/1/05) Manufacturing In The Chicago Area Continued To Expand - The Chicago PMI Was At 61.7 In Nov. (Over 50 Indicates Growth). ("Chicago-Area Business Measure Slips From Strong October," Agence France Press, 11/30/05) U.S. Productivity Increased At The Fastest Pace In Two Years During The 3rd Quarter, Rising At An Annual Rate Of 4.7%. ("Productivity Grows At Fastest Pace In Two Years," The Associated Press, 12/6/05) *The Jump Helped Push Labor Costs Down By 1%. ("Productivity Grows At Fastest Pace In Two Years," The Associated Press, 12/6/05) *Stronger Productivity And Falling Labor Costs Could Help Ease Fears That Overall Inflation Could Worsen. ("Productivity Grows At Fastest Pace In Two Years," The Associated Press, 12/6/05) U.S. Household Net Worth Rose For The 12th Straight Quarter, Increasing 2.6% To A Record $51.09 Trillion In The 3rd Quarter. ("Household Net Worth Rose By 2.6% in Third Quarter," The Wall Street Journal, 12/8/05) Gas Prices Continued Their Decline Last Week And Are Down Nearly 23 Cents In The Last 4 Weeks. (Energy Information Agency Website, www.eia.doe.gov, Accessed 12/5/05) *Prices Have Fallen About 88 Cents A Gallon Since Sept. ("Gas Prices Drop An Average Of 11 Cents A Gallon Nationwide," The Associated Press, 12/4/05) Sales Of New Homes Rose 13% In Oct. - The Largest Monthly Gain In 12 Years. ("New Home Sales, Orders For Durable Goods And Consumer Confidence All Post Strong Gains," The Associated Press, 11/28/05) The ISM Service Index Was At 58.5% In Nov. - A Reading Over 50% Indicates Expansion. ("Services Sector Still Strong, ISM Says," Marketwatch, 12/5/05) *The Index Has Averaged 60.5% Over The Past 12 Months. ("Services Sector Still Strong, ISM Says," Marketwatch, 12/5/05) gop.com