Consumer Confidence Index Increased Again
The Conference Board Consumer Confidence Index increased again in October. The Present Situation and the Expectations Index’s both increased as well. These are at levels last seen in the fall of 2000.
Consumers’ assessment of present-day conditions remains quite positive, primarily due to strong employment growth.” Said Lynn Franco, Senior Director of Economic Indicators at the Conference Board.
Texas Manufacturing Survey for October 2018 Reports Activity Continued to Expand
The Federal Reserve Bank of Dallas released its Texas Manufacturing Survey for October 2018 and reports Texas factory activity continued to expand in the month, albeit at a slower pace, according to executives responding to the survey.
US Drill Rigs Running Inched Up Last Week
The number of drill rigs running in the US inched up by one last week to 1068, led by Alaska and North Dakota, each up by two. Meanwhile, Canadian drilling gained by nine rigs, to 200.
US Raw Steel Production Rose Last Week
US raw steel production rose 1.2% last week as mills operated at an ACUR of 81%. In the corresponding week last year mills operated at an ACUR of 73.2%. Thus far this year mills have produced prox 78,000,000 tons compared to the prox 74,000,000 tons produced in the like period last year.
The Midwest Economy Index (MEI) was unchanged at +0.37 in September, pointing to steady Midwest economic growth in September.
The Chicago Business Barometer declined to 58.4 in October, the lowest reading since April and down 2 points from 60.4 in September.
Business activity continued to expand at a healthy rate this month despite the pace of activity decelerating for the third month in a row. A decline in order book growth and unfinished orders more than offset a rise in output, delivery times and employment, sending the Barometer to its lowest reading in six months.
October 2018 Manufacturing ISM Report on Business
The Institute for Supply Management (ISM) released its October 2018 Manufacturing ISM Report on Business: Economic activity in the manufacturing sector expanded in October and the overall economy grew for the 114th consecutive month, say the nation’s supply executives.
The report was issued 11/1 by Timothy R. Fiore, CPSM, CPM, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:
The October PMI registered 57.7 percent, a decrease of 2.1 percentage points from the September reading of 59.8 percent. The New Orders Index decreased 4.4 percentage points, the Production Index decreased 4 percentage points, the Employment Index decreased 2 percentage points.”
What does all this mean?
Comments from the panel reflect continued expanding business strength. Demand remains moderately strong. The numbers remain strong with 13 of the 18 manufacturing industries reporting growth in the month.
The US economy added 250,000 jobs in October…
Monthly Full Report on Manufacturers’ Shipments, Inventories and Orders for September 2018, US Census Bureau
- New orders for manufactured durable goods in September, up four of the last five months, increased 0.7 percent.
- Shipments of manufactured durable goods in September, up four of the last five months, increased 1.2 percent.
- Inventories of manufactured durable goods in September, up twenty of the last twenty one months, increased 0.7 percent.
Brett Kavanaugh Hullabaloo
Have you wondered: what happened to all the hullabaloo from the left about Brett Kavanaugh? For a month he was the focus of the fake news main stream media, was he not? Amid charges that he was a misogynist, a rapist, a gang rapist, unfit for the court, unfit to coach sports, etc. The Democrats attempted to thwart his nomination, to ruin his personal life, to halt his career, to ruin his family. Once he was confirmed, it all went away. Zilch, nada, nothing.
How does that happen? Where are the women who were raped, and gang raped and who deserved to be heard? In the Dems’ self-righteousness, why is this no longer an issue? I will tell you why: Because it was all a lie, a set-up, Fake News, and they got away with it (again) which is almost the worst thing about it. They keep getting away with their endless lies and bullshit. I am telling you, conservatives MUST vote on November 6 to keep these swamp creatures from gaining power over our country. Their intentions are un-American. RED WAVE ~~~~~
Radicalized Right White Men
CNN’s Don Lemon:
We have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to do something about them.”
Really? White men? Really? This is the type of person who wants control of our government…and YOU.
This coming Tuesday’s election is HUGE for Americans. We must stand together to preserve the foundations of the Republic. VOTE REPUBLICAN, VOTE FOR YOUR FUTURE, VOTE FOR YOUR CHILDREN, VOTE FOR YOUR COUNTRY!!!!
“…They claim this means anyone born in the US has a constitutional right to citizenship. But a closer look at the language and history shows this is NOT the Constitution’s mandate and should never have become national policy.
The crucial phrase is “subject to the jurisdiction thereof.” As originally understood when Congress proposed the amendment in 1866, that referred not merely to the obligation of following US laws but also, and more important, to full political allegiance, according to Lyman Trumbull-who was chairman of the Senate Judiciary Committee and a co-author of the 14th Amendment-being “subject to the common jurisdiction of the United States” meant “not owing allegiance to anybody else.”
That reading is supported by the 1866 Civil Rights Act, also written by Trumbull, which Congress passed over Andrew Johnson’s veto before proposing the 14th Amendment…After first securing the nation’s safety, America’s immigration policy should be an extension of America’s liberating first principles. That means it should be based on the consent of the governed and the rule of law, and a deliberate and self-confident policy of patriotic assimilation. Birthright citizenship does NOT meet this rubric. It ignores the principle of consent annunciated in the Declaration of Independence, undermines the rule of law established in the Constitution and belittles the idea of citizenship and naturalization-the source of America’s uniquely successful immigration story.”
Excerpts from an opinion piece by Matthew Spalding, associate vice president and dean of educational programs for Hillsdale College’s Allan P. Kirby Jr. Center for Constitutional Studies and Citizenship. WSJ 11/1/18
Certainly there are at least two points of view to this problem. I have presented one. Why not let the Supreme Court define what the 14th Amendment aims to accomplish? Isn’t that what they do?
VOTE FOR CONTINUED PROSPERITY ON NOVEMBER 6
DO NOT BELIEVE THE POLLS, THEY ARE BIASED…
WE MUST ALL VOTE
Infrastructure X (Keystone & Dakota pipelines) Regulation Reform XX 1 in 2 out
Individual Tax Reform XX Entitlement Reform
Business Tax Reform XX Education Reform X
Healthcare Reform Veterans Administration Reform X
Rebuild our Military X Trade Reform X
Secure our Borders (The Wall) XX Lead the world from the front XX
Help for the poor XX Drain the swamp X as we speak
Peace through unmatchable strength Support Israel X
Destroy ISIS XX Extreme Vetting XX
Conservative Supreme Court nominees XX American Jobs XX
I will track these campaign promises and will check them off as each is accomplished adding those I have missed as they become apparent. This is quite an agenda and will be difficult to achieve all in one term, but I believe the American people are behind him and know these things need to be done. Now, if he can get our legislators to support him instead of fighting him….
“MAKE AMERICA GREAT AGAIN”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”