April 1, 2014

March 2014 ISM Manufacturing: 53.7%, Up From 53.2% in February

Filed under: Economy — Tom @ 10:50 am

From the Institute for Supply Management:

Economic activity in the manufacturing sector expanded in March for the 10th consecutive month, and the overall economy grew for the 58th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

… “The March PMI® registered 53.7 percent, an increase of 0.5 percentage point from February’s reading of 53.2 percent, indicating expansion in manufacturing for the 10th consecutive month. The New Orders Index registered 55.1 percent, an increase of 0.6 percentage point from February’s reading of 54.5 percent. The Production Index registered 55.9 percent, a substantial increase of 7.7 percentage points compared to February’s reading of 48.2 percent. Employment grew for the ninth consecutive month, but at a lower rate by 1.2 percentage points, registering 51.1 percent compared to February’s reading of 52.3 percent. Several comments from the panel reflect favorable demand and good business conditions, with some lingering concerns about the particularly adverse weather conditions across the country.”

Of the 18 manufacturing industries, 14 are reporting growth in March …

All three GDP-driving components were strong (Production – 55.9; New Orders – 55.1; Backlong of Orders – 57.5).

This is a “we’ll take it in the circumstances” report.

NewsBusted (040114)

Filed under: NewsBusted — Tom @ 7:04 am

Here we go:

– Obamacare Extension
– Movie NOAH
– Vice President Biden
– Illegal Aliens
– George Soros and Jonathan Soros
– Clown Terrorizes Staten Island
– Piers Morgan
– Tina Fey
– Sarah Palin

Best Lines:

  • “Piers Morgan ended his final show on CNN with an angry plea to take away Americans’ guns. Oddly enough, the last Brits who held these same views were cancelled in 1776.”
  • “The State of New York claims actress Tina Fey owes $79,000 in worker’s compensation insurance. It seems Tina Fey thought the money would be paid by Sarah Palin, since she’s the one most responsible for her career.”

Tuesday Off-Topic (Moderated) Open Thread (040114)

Filed under: Lucid Links — Tom @ 6:05 am

This open thread will stay at or near the top today. Rules are here. Possible comment fodder may follow. Other topics are also fair game.

Positivity: 9 Year-Old Amira Willighagen Sings Opera … Fantastically

Filed under: Positivity — Tom @ 6:00 am

This is no April Fool’s joke Watch (HT to an emailer; skip to 2:45 to get straight to the singing):