Posts Tagged ‘sector

07
Jan
15

The President’s Day

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President Barack Obama speaks during a meeting in the Oval Office of the White House. President Obama met with Vice President Joseph Biden, Secretary of State John Kerry, National Security Adviser Susan Rice and spoke on the gunmen attack at the office of satirical newspaper Charlie Hebdo in Paris, France.

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President Barack Obama approaches Marine One on the snow covered South Lawn prior to his departure from the White House

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President Barack Obama, accompanied by 89th Airlift Wing Commander Col. John Millard, smiles as they walk on the tarmac at Andrews Air Force Base, Md.

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President Barack Obama, followed by Sen. Gary Peters, D-Mich and Rep. Debbie Dingell, D-Mich., as they arrive on Air Force One at Detroit Metro Wayne County Airport in Detroit

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President Barack Obama speaks at Ford Michigan Assembly Plant in Wayne, Mich., about the resurgent American automotive and manufacturing sector

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Ford plant manager, Phillip Calhoun, President Barack Obama, Mark Fields, president and CEO of Ford, and Bill Ford eye a new mustang at Ford Michigan Assembly Plant

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24
Jun
14

President Obama’s America

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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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