Posts Tagged ‘sector

24
Jun
14

President Obama’s America

markit_june2014_manufacturing_output_employment

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Supply Chain 24/7: US Manufacturing Increases At Fastest Rate In 4 Years

June data pointed to a robust and accelerated improvement in the performance of the U.S. manufacturing sector. At 57.5 in June, up from 56.4, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index™ (PMI™)1 indicated the strongest upturn in overall business conditions since May 2010. The latest rise in the headline PMI was driven by the fastest output and new orders growth for just over four years. Manufacturing output growth picked up for the third month running to its strongest since April 2010.

Moreover, the average pace of expansion in Q2 was the steepest for any quarter since the survey began in early-2007. Survey respondents generally attributed rising production volumes to improving domestic economic conditions, increased client confidence and a strong pipeline of outstanding work. In line with the trend for output, total new business volumes increased at a sharp and accelerated pace during June.

More here

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04
May
12

‘Economy Has Recovered All Private Sector Jobs Lost Since PBO Took Office’

ThinkProgress: As of April, there are now more private sector jobs in the United States than there were in January 2009, when President Obama took office. You read that right. We have now replaced all of the private sector jobs lost while Obama has been president. And that was no mean feat, given that over the course of 2009, the private sector shed about 4.2 million jobs.

Unfortunately, the news is not nearly so good when it comes to the public sector, where there are currently 607,000 fewer people working than there were when President Obama took office.

The chart below tells the whole story. Under President Obama, the private sector has experienced a relatively robust recovery, and is now back to where it started when he took office. The public sector continues to shed jobs, and as a result, the overall jobs picture in the US remains weak. If you want to understand why conservative efforts to slash funding for teachers, firefighters, cops is bad for the economy, look no further than this graph.

Thanks BWD

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06
Feb
12

rise and shine

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National Journal: President Obama’s ad-makers may have to pay royalties to Clint Eastwood after a remarkable two-minute Chrysler commercial that aired on the biggest of all stages – the Super Bowl – and gave a pretty good preview of what the president’s reelection commercials might look like. At the very least, the ad and Eastwood’s powerful narration make it much, much more difficult for Republican front-runner Mitt Romney to keep pushing his line that Washington should have let the automakers go into bankruptcy.

And don’t think that Team Obama wasn’t watching the Super Bowl along with millions of other Americans and immediately grasped the boost they could get from the commercial. White House Communications Director Dan Pfeiffer quickly tweeted “Saving the America auto industry: something Eminem and Clint Eastwood can agree on.” Senior strategist David Axelrod tweeted “Powerful spot. Did Clint shoot that, or just narrate it?”  Former White House aide Bill Burton tweeted, “Clinton Eastwood #winning.”

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Thanks Allyson

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Washington Post

ABC: ….. Fifty percent of Americans in this new ABC News/Washington Post poll approve of Obama’s job performance, the most since spring. Fifty percent say he deserves re-election, better than Bill Clinton at the start of his re-election year and as good as George W. Bush a month before he won a second term. And Obama now leads Romney among registered voters by a slight 51-45 percent, the first time either has cracked 50 percent in a series of matchups since spring.

Two chief factors are at play. One is the economy’s gradual but unmistakable improvement, marked by the newly reported January unemployment rate of 8.3 percent, the lowest since a month after Obama took office. The president’s approval rating on handling the economy, while just 44 percent, is its best in 13 months.

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This week:

Monday: PBO will attend meetings at the White House.

Tuesday: PBO will host the second White House Science Fair celebrating the student winners of a broad range of science, technology, engineering and math (STEM) competitions from across the country. The President will also announce key steps that the Administration and its partners are taking to help more students excel in math and science, and earn degrees in these subjects. At the fair, the President will view exhibits of student work, ranging from breakthrough research to new inventions, followed by remarks to an audience of students, science educators and business leaders on the importance of STEM education to the country’s economic future.

Wednesday: PBO will attend meetings at the White House.

Thursday: PBO will host Prime Minister Mario Monti of Italy at the White House.

Friday: PBO will attend meetings at the White House.

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Michael Tomasky (Daily Beast): It was somewhere between hilarious and pathetic to watch Republicans respond to the positive jobs report last Friday. Some friends and I were counting the minutes until some Republican started casting aspersions on the Bureau of Labor Statistics (BLS), which compiles and releases the data. Sure enough, by early Friday afternoon, Tea Party Congressman Allen West was saying (on the basis of no evidence of course) that “Americans need truth, not these number games.” West’s comment suggests a desperation that will spread if future reports are as good as last week’s, which raises the question of what the Republicans will do next to try to wreck the economy.

…. There are decent and honorable individual Republicans. Probably many of them. I even know some. But as a collective entity – as a party and a movement that includes the media wing and the base that boos a gay soldier at a debate and cheers executions – they are toxic destroyers, their minds infected by the idea that any cooperation with the president for the sake of the country is the moral equivalent of Munich (yes, with all that analogy implies). They will do anything. Nothing could be more just than to see a surprisingly low unemployment rate come November, with Republicans still insisting that black is white and that governance equals capitulation, and the public rewarding them accordingly.

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USA Today: With U.S. forces still fighting in Afghanistan, the Obama administration has chosen to mark the end of the Iraq War with something more modest than a ticker-tape parade – a state-dinner-like event at the White House later this month feting a select group of combat veterans and their spouses or guests.

The core theme is the common fighting man or woman, said Douglas Wilson, Pentagon public affairs chief. The intent is for those invited – with guests, numbering more than 200 – to represent the 1.5 million who fought in a nine-year-war that left nearly 4,500 dead and 32,000 wounded, he said.

“The dining room that night will look like the America that served in Iraq,” Wilson said. “State dinners honor heads of state and I think the feeling was that this type of dinner is an appropriate way to honor men and women who … merit the same degree of respect as a head of state,” he said. The black-tie White House event to be called “A Nation’s Gratitude” may be unprecedented, Wilson said.

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Morning everyone ;-)

04
Feb
12

catching up

Demonstrators gather in front of the White House, Feb. 4

Statement by the President on Syria

Thirty years after his father massacred tens of thousands of innocent Syrian men, women, and children in Hama, Bashar al-Assad has demonstrated a similar disdain for human life and dignity.  Yesterday the Syrian government murdered hundreds of Syrian citizens, including women and children, in Homs through shelling and other indiscriminate violence, and Syrian forces continue to prevent hundreds of injured civilians from seeking medical help.  These brutal killings take place at a time when so many Syrians are also marking a deeply meaningful day for their faith.  I strongly condemn the Syrian government’s unspeakable assault against the people of Homs and I offer my deepest sympathy to those who have lost loved ones.  Assad must halt his campaign of killing and crimes against his own people now.  He must step aside and allow a democratic transition to proceed immediately……

More here

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Ezra Klein: The strangest thing about January’s jobs report is that it’s pretty much all good. The headline numbers are great, of course: payrolls are up by 243,000 jobs. Unemployment is down to 8.3 percent. But the inside numbers are good, too.

…. The report also deals at least a slight blow to the case for economic pessimism. For months, forecasters have been telling us that though the end of 2011 was strong for the economy, the data showed the beginning of 2012 would be weak. That could still prove true. But we’re not seeing a slowdown in January’s payrolls. Just the opposite, actually.

Which isn’t to say there aren’t some areas of concern…..

The bottom line is that this isn’t just a good jobs report. It’s a recovery jobs report. It’s showing the sort of numbers that win elections. As my colleague Neil Irwin tweeted, “That sound you hear is champagne corks in the West Wing.”

More here

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Vote!

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03
Feb
12

rise and shine

AP: Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years.

The result pointed to a resurgent job market, and it sent stock futures surging. The Dow Jones industrial average futures, which were flat before the report, jumped more than 100 points.

The economy created 243,000 net jobs in January, the most in nine months, and the unemployment rate fell two ticks.

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OFA

Steve Benen: ….. it’s hard not to feel good about the surprising strength of this new report …. this is one of the best – if not the very best – jobs reports since the recession began four years ago.

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White House Live

Washington Post: President Obama will announce details Friday for a $1 billion Veterans Job Corps that the White House says will put up to 20,000 veterans to work over the next five years on projects to preserve and restore national parks and other federal, state and local lands.

….. Obama proposed the corps in his State of the Union address last month, describing it as “enlisting our veterans in the work of rebuilding our nation.”

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From the White House: “President Obama and the First Lady will welcome Prime Minister David Cameron of the United Kingdom of Great Britain and Northern Ireland and his wife, Samantha Cameron, to the White House for an Official Visit with a State Dinner on March 13-14, 2012….”.

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The Week

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Morning everyone ;-)

30
Nov
11

rise and shine

TOD Alert!!!!

The kids at Desertflower’s school are trying to raise money for a new sound system. If the school can get in the top 15 of a challenge Pepsi are running, then the sound system will be paid for by Pepsi. They are currently at 19.

The challenge ends at midnight tonight – so please vote for Desertflower’s school!

You can do so either online or by text:

Go to the RefreshEverything website – registering takes two minutes, just type “desert shadows” in the search box and the school will come up. Then vote!

Or, Text 73774 and type in the message code 109320.

Desertflower: “I hope everyone will take a minute to push for this for these great kids … they all work too hard NOT to be heard. They have a voice too :) Thanks family.”

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Business Insider – Thanks Dotster

Marketwatch: Growth in private-sector payrolls sharply accelerated in November, led by the service-producing sector and small businesses, according to the ADP employment report released Wednesday.

Employment in the private sector rose by 206,000 jobs in November – the largest gain since last December and almost twice the average increase in recent months. The October level was revised up to 130,000 from a prior estimate of 110,000.

… While economists have noted a divergence between estimates from ADP and the government, markets look to ADP’s report on private-sector payrolls to provide some guidance on the U.S. Labor Department’s jobs estimate, which will be released Friday and includes information on both private- and public-sector payrolls.

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Wait….

Reuters

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11:30 Michelle Obama delivers the keynote address at Partnership for a Healthier America’s inaugural Building a Healthier Future summit

12:30 Michelle Obama welcomes military families to the White House for the first viewing of the 2011 holiday decorations

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Two more Reuters Photos of the Year:

…. visiting the Lincoln Memorial, April 9

Moneygall, May 2011

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Ooops:

Reuters: Herman Cain had almost daily contact this month with the woman who says she had a 13-year extramarital affair with him, even as he battled sexual harassment allegations from other women, ABC News reported on Wednesday.

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Reuters: Hillary Clinton became the first U.S. secretary of state to visit Myanmar in more than 50 years Wednesday, launching an historic mission to press the reclusive country’s new leaders to sever illicit contacts with North Korea and deliver on reforms.

…. The visit, announced by President Barack Obama at a regional summit in earlier this month, could also open a new arena of U.S. competition with China, which has watched warily as Washington courts its resource-rich southern neighbor as part of a broader policy of increasing U.S. engagement in Asia.

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OFA

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