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Phoenix68

Back, Before The Average-Teabagger Could Read....

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"More applications for home construction were issued in October than at any time in the past five years, a sign the U.S. residential real-estate market is gaining momentum heading into 2014.

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Building permits increased 6.2 percent in October to a 1.03 million annualized rate, the most since June 2008, after a September pace of 974,000, figures from the Commerce Department showed today in Washington.

The improvement over the past two months was paced by a surge in applications for multifamily housing that indicates growing demand for either rental units or condominiums. Improvement in the housing market may continue as a pickup in employment offsets higher borrowing costs, rekindling demand for new homes as existing inventories remain tight.

“The economy is getting better,” said Brian Jones, senior U.S. economist at Societe Generale in New York, whose forecast for a rate of 985,000 permits was the highest in the Bloomberg survey. “Certainly the multi-family numbers are telling you its time to build.”

 

 

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"A new poll released on Tuesday found that by a 2 to 1 margin, more Americans support the agreement between the P5+1 and Iran that will rein in the Islamic Republic’s nuclear program in exchanges for modest sanctions relief. The poll also found that only 20 percent said the U.S. should resort to military force against Iran if the deal fails."

 

 

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Manufacturing Accelerating!!
December 2, 2013

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"Manufacturing in the U.S. unexpectedly accelerated in November at the fastest pace in more than two years, indicating factories will be a source of strength for the economy heading into 2014.

The Institute for Supply Management’s index rose to 57.3, the highest since April 2011, from 56.4 a month earlier, the Tempe, Arizona-based group’s report showed today. Readings above 50 indicate growth. The median forecast in a Bloomberg survey of economists was 55.1.

Export orders climbed, reflecting a rebound in the world economy that’s translating into more production and hiring. American factories are outpacing their global competitors as companies such as Deere & Co. (DE) benefit from a
domestic housing recovery that’s spurred demand for construction equipment, appliances and furniture."

 

 

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Companies Boo$t U.S. Payroll$
December 4, 2013

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"Companies boosted payrolls in November by the most in a year, a sign that U.S. employers were optimistic about demand after the end of a government shutdown a month earlier, a private report based on payrolls showed today.

The 215,000 increase in employment exceeded the most optimistic forecast in a Bloomberg survey and followed a revised 184,000 gain in October that was larger than initially estimated, according to the ADP Research Institute in Roseland, New Jersey. The median forecast of economists called for a 170,000 advance.

Stronger job growth helps provide working Americans with the income gains needed to boost consumer spending at the same time retailers seek to spur holiday sales with discounted merchandise. Federal Reserve policy makers are watching labor-market progress as they debate when to scale back record monetary stimulus.

“Not only is the job market healthy, but it’s improving going into year-end,” said Brian Jones, senior U.S. economist at Societe Generale in New York, whose forecast for a 210,000 gain was the highest in the Bloomberg survey. “We’re optimistic on growth next year, continued improvement, further reductions in the jobless rate.”


 

 

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U.S. EXPORT $pike
December 4, 2013
 


"The U.S. trade deficit narrowed in October as exports hit a record high, pointing to a pick-up in global demand that should help to support domestic growth in the fourth quarter.

The Commerce Department said on Wednesday the trade gap fell 5.4 percent to $40.6 billion. September's shortfall on the trade balance was revised to $43.0 billion from the previously reported $41.8 billion.

An improving global economy is boosting demand for U.S. exports. In October, exports increased 1.8 percent to $192.7 billion. That was the highest on record and snapped three straight months of declines in exports.

Petroleum exports were the highest on record in October. Exports to China hit a record high as did imports from that country. Still, the trade deficit with China narrowed in October.

 

 

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October:
New Home Sales SURGE
!
December 4, 2013

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"New home sales shot up in October, evidence that buyers nationwide may be absorbing higher mortgage interest rates.

Sales of newly built single-family houses rose 25.4% from September to a seasonally adjusted annual rate of 444,000, the Commerce Department said Wednesday. The sharp rise comes after new home sales fell 6.6% in September.

Compared with October 2012, sales are up 21.6%.

Sales rose in all regions. The West saw the smallest rise as buyers purchased 15.2% more new houses than a month earlier.

If houses continued to sell at their current rate, there would be a 4.9 months' supply of new homes on the market. Economists generally consider a supply of six months to be healthy."

 

 

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4861ff6b2fe710ba381864b8a012806f.jpg

 

You Teabaggers wouldn't seem so goddamned-stupid, if you put a little effort into paying-attention to everything going-on, around you.....or, maybe just learn to read.

 

Trumpy-The-Klown turned-around the economy?

Really....are you that freakin' clueless??

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1 minute ago, Phoenix68 said:

 

 

You Teabaggers wouldn't seem so goddamned-stupid, if you put a little effort into paying-attention to everything going-on, around you.....or, maybe just learn to read.

You wouldn't be such an educated idiot if you understood what live offers for, free reality adds fees too so those thinking larger than living simultaneously can make fools of everyone obeying the rule of law defending the rights to pretend nobody knows how life actually works all the time as how it exists simultaneously here.

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5 minutes ago, Phoenix68 said:

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What goes around, comes around 14 fold.  Your relative time is up, welcome back to how life actually functions keeping lifetime eternally separated while living simultaneously here.

the hell you raised on everyone else is returning to your ideology and everyone defending it.

 

When one mind fails, millions of brains globally lose their reality with it.

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This idiot is STILL campaigning for Obama. That's some STRONG indoctrination. 

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6 minutes ago, Hi2u said:

This idiot is STILL campaigning for Obama. That's some STRONG indoctrination. 

That person is campaigning for the ideology Obama followed whole heartedly so much so he never cared about how life really funcitons, just controlling how everyone behaves ancestrally while only separated biologically here.

 

Time relativity is a tool of co-operating living separately simultaneously. those composing the humanity of life have to assure everyone must follow some sort of beliefs that real doesn't count as much as symbolism matters.

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1 hour ago, Hi2u said:

This idiot is STILL campaigning for Obama. That's some STRONG indoctrination. 

 

.....And, you're the little a-s-s-h-o-l-e who insists the economy (first) started turning-around, after Lard-Ass landed in the Oval Office.

I KNEW you wouldn't be able to resist the sucker-bait!!

827.gif

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4 minutes ago, Phoenix68 said:

 

.....And, you're the little a-s-s-h-o-l-e who insists the economy (first) started turning-around, after Lard-Ass landed in the Oval Office.

I KNEW you wouldn't be able to resist the sucker-bait!!

827.gif

All economic indicators state the same thing. 

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2 hours ago, Hi2u said:

All economic indicators state the same thing. 

 

.....And, I've got three pages, here, that say you're an absolutely CLUELESS little a-s-s-h-o-l-e.

punishment-slap-smiley-emoticon.gif

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Surge In Private-Sector Jobs!
December 4, 2013

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"Private sector job creation surged in November, with ADP reporting 215,000 new jobs in a number that could put some heat on the Federal Reserve to begin reducing its monthly stimulus.

Economists expected ADP to report the private sector created 173,000 new jobs in November.

"This feels pretty good," Mark Zandi, an economist with Moody's Analytics, which assists ADP in putting together the monthly report, said on CNBC. "I'm surprised at how well the job market held up in the face of what happened in Washington."

Economists had expected the government shutdown in early October to put pressure on the job market, but that has not shown up in any of the data released since then.

In fact, ADP sharply revised its October number up to 184,000 from an initially reported 130,000."

 

 

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CEOs:
"GET 'EM, BARACK
!!!"
December 4, 2013

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"Corporate CEOs are growing more optimistic about the economy, and a budget deal in Washington would help push next year's growth higher, according to a survey released by the Business Roundtable Wednesday.

The business lobby's CEO confidence index rose to 84.5 in a fourth-quarter survey of 120 chief executives, compared with 79.1 last quarter. The survey measures expectations for economic activity over the next six months. A reading above 50 points to economic expansion.

"CEOs expect modest improvement in the outlook for economic expansion in the first half of 2014,'' Business Roundtable Chairman James McNerney said on a conference call. "The survey reflects slightly increased optimism despite an underperforming economy.''

 

 

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Third-Quarter Growth = 3.6%!!!
December 5, 2013


"Gross domestic product grew at a 3.6 percent annual rate instead of the 2.8 percent pace reported earlier, the Commerce Department said on Thursday. Economists polled by Reuters had expected output would be revised up to only a 3.0 percent rate.

The third-quarter growth pace was the fastest since the first quarter of 2012 and marked an acceleration from the April-June period's 2.5 percent rate, although economists expect slower growth in the final months of the year.

Businesses accumulated $116.5 billion worth of inventories, the largest increase since the first quarter of 1998. That compared to prior estimates of only $86 billion.

"To the extent that the massive accumulation in inventory may have been involuntary, we are likely to see an unwind in inventory this quarter which will provide some downside risks to fourth-quarter GDP performance," said Millan Mulraine, senior economist at TD Securities in New York.

Inventories accounted for a massive 1.68 percentage points of the advance made in the July-September quarter, the largest contribution since the fourth quarter of 2011."

 

 

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Jobless Claims PLUNGE!!!
December 5, 2013

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"The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers.

The Labor Department said the less volatile four-week moving average declined 10,750 to 322,250.

Last week’s unemployment benefit applications nearly matched a September figure that was distorted by late reporting from California. When excluding the September report, last week’s figures were the lowest since May 2007.

Applications have now fallen in seven of the past eight weeks, a hopeful sign for job growth at the end of the year.

Last week included the Thanksgiving holiday, which can present challenges for seasonal adjustments. But government officials say there were no special factors affecting the report."

 

https://www.seattletimes.com/business/us-jobless-claims-plunge-to-298k-as-layoffs-slow/

 

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$tock$ $URGE On Jobs Report!
December 6, 2013

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"All three major U.S. stock indexes bounced back from four days of losses Friday as investors cheered a better-than expected November jobs report.

The Dow Jones Industrial Average jumped nearly 150 points, while the S&P 500 and Nasdaq moved markedly higher."

 

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The average teabagger can't decipher the minutes of the last tea party meeting he attended. He gets a stiffy when everyone else cheers and get pissed that we are not the only people in the world

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Obamacare "Horror Stories"
December 4, 2013

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"Statisticians dismiss the practice of using personal stories to argue about an objective reality as "anecdata", but it might be more accurate to call the "Obamacare horror stories" that have taken over social media "urban legends". There are urban legends about a lot of things – from spiders in hairdos to red velvet cake. Some are funny, some feature a satisfying come-uppance, but folklorists agree that the stickiest of them, the ones that last for generations and resist debunking are the ones that live off ignorance and feed off fear."
 

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Back in the good ol days you could cage who would go over the edge. Not anymore, mofos

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Back in the good ol days you could cage who would go over the edge. Not anymore, mofos

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