Hourly Wages Grew 3.2% from a Year Earlier
Hourly wages grew 3.2% from a year earlier, as hiring in the US sprang back in March and the unemployment rate remained at a historically low level, underscoring that the labor market remains a source of strength for the economy.
Non-farm payrolls increased a seasonally adjusted 196,000 in March, the Labor Dept. said Friday. The unemployment rate held steady at 3.8%, just above a 49 year low of 3.7% touched last fall.
Overall Economy Grew for 119th Consecutive Month
Economic activity in the manufacturing sector expanded in March and the overall economy grew for the 119th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report on Business.
The report was issued today by Timothy R> Fiore, CPSM, CPM, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:
The March PMI registered 55.3 percent, an increase of 1.1 percentage points from the February reading. The New Orders Index increased 1.9 percentage points. The Production Index increased 1 percentage point compared to February. The Employment Index increased 5.2 percentage points, the Supplier Deliveries Index increased 0.7 percentage point, the Inventories Index retreated 1.6 percentage points from February and the Prices Index increased 4.9 percentage points, indicating a return of increasing raw materials prices after a two-month respite.
“Comments form the panel reflect continued expanding business strength, supported by gains in new orders and employment.”
Construction is Off to a Strong Start in 2019
Total outlays increased 1.0 percent in February, mostly due to a gain in public outlays. Residential rose 0.7% but was bolstered entirely by a gain in home improvement spending. Wells Fargo
US Drill Rigs Running Decreased Last Week
The number of drill rigs running in the US decreased by 10 last week to 1006. Meanwhile Canadian drilling dropped by 17 rigs to 88.
US Raw Steel Production ACUR 82.2%
In the week ending March 3o, 2019 US raw steel production was 1,913,000 tons and the ACUR was 82.2 percent. Thus far this year US mills have produced prox 24,208,000 tons compared to the prox 22,686,000 tons produced in the like period last year.
Uncle Joe Biden …
Poor Uncle Joe Biden, though he has not declared to be running for the presidency in 2020, the newbies on the left are trying to, or they going to, fry him. They want the fresh, new Democrats to be in charge. Now come the charges of perversion, dirty old man, all charges of indecency against a decent man. He is a politician, an old school politician. These are things he has done for years in order to endear himself to his constituents. He is arguably the best candidate the left has to offer. His experience among the left’s current candidates is unmatched. Leave the guy alone, he means no harm to anyone.
On Illegal Immigration:
We sympathize with Mr. Trump’s frustration with waves of Central Americans trying to enter the US without waiting in line as immigrants from other countries do. The President is charged with protecting the homeland, and the migrant surge has overwhelmed US border agents and nonprofits. Border apprehensions in March exceeded 100,000, many of them parents (adults) with children (in many cases, not their own).
This genuine humanitarian crisis demands a response, but Democrats refuse to address the incentives for the surge that their policies have created. Courts now let all illegal immigrants claiming hardship upon their apprehension to remain in the US as they await an asylum hearing. Most vanish into the US and never appear for their hearing. Tens of thousands are traveling to the border betting they can exploit this asylum loophole. Mr. Trump’s shutdown threat reflects his exasperation at being blocked from solving the problem.” An excerpt from Review & Outlook in Wednesday’s Wall Street Journal
In my view, the root of the problem is the Democratic party. They created the policies which have allowed this to happen for years, possibly culminating (possibly not). If they gain power, our borders will be gone. In the obvious crisis currently occurring on our southern border, they are willing to do nothing. In their vile quest to overtake our government, they seek to pay for the needs of these illegals. We know they want to grant them the right to vote, and whom do you suppose they would vote for? Again, their zeal to attain power, and keep it, versus the needs of Americans and the good of our country. Talk about “deplorables”.
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.”