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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (564482)	5/4/2010 7:53:07 PM
From: tejek	Respond to of 1576901

GNAA! WASHINGTON (AP) -- Orders to U.S. factories rose a surprising 1.3 percent in March with widespread gains in many industries offsetting a big drop in commercial aircraft. Outside of the volatile transportation category, factory orders were up by the largest amount in more than nine years. The increase offers further evidence that U.S. manufacturers are a consistent source of strength driving the recovery. The Commerce Department said Tuesday total factory orders rose 1.3 percent in March, much better than the 0.1 percent decline analysts had expected. Excluding transportation, orders were up a sizable 3.1 percent, the biggest gain since August 2005. A separate report Tuesday showed the number of buyers who signed contracts to purchase homes surged more than expected in March, another sign that government incentives are propelling the housing market this spring. The National Association of Realtors said its seasonally adjusted index of sales agreements for previously occupied homes rose 5.3 percent from a month earlier to a reading of 102.9. It was the highest level since October and a 21 percent increase from the same month a year earlier. The two reports offered more proof that the U.S. recovery is gathering steam. Excluding transportation, factory orders posted a 3.1 percent rise, the best showing since a 3.6 percent increase in August 2005. The strength in other industries was widespread, Orders for primary metals, including iron and steel, increased 4.7 percent while demand for machinery was up 8.6 percent, led by a 28.1 percent surge in construction machinery. Orders for computers and other electronics products increased 22.7 percent. The report showed that demand for nondurable goods, products such as oil and chemicals, rose 2.9 percent in March. The strength in nondurables included strong increases in demand for petroleum, chemicals and tobacco. "Manufacturing is leading the way for the economy at the moment and I expect that will continue for quite some time," said Mark Zandi, chief economist at Moody's Analytics. "I am looking for manufacturers to experience strong growth for the next several years." The Institute for Supply Management reported Monday that its closely watched gauge of manufacturing activity rose to 60.4 in April, up from 59.6 in March. That was the strongest reading in nearly six years and represented the ninth straight month that the index has signaled growth in manufacturing. A reading above 50 indicates manufacturing is expanding while readings below 50 signal that the factory sector is contracting.

To: jlallen who wrote (564482)	5/4/2010 8:02:25 PM
From: tejek	Read Replies (1) \| Respond to of 1576901

You and CJ are recognized as shallow, ignorant dumbasses. Get over it. Shallow is doing a flyover of Katrina ravaged New Orleans. Shallow is a GOP politician sending emails to his friends with a pic showing watermelons growing on the front lawn of the WH shortly after Obama took office. Shallow is Drudge suggesting that gorillas are long distant relatives of Michelle Obama. Shallow is giving your rich friends a tax break and screwing over the poor. Shallow is creating financial derivatives that screw over the country. Shallow is fighting health care reform when 40 million Americans don't have health insurance. I could go on for days but you get the drift.