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View Full Version : Economics EEK!!! More bad economic news...


petegz28
07-01-2010, 08:21 AM
The ISM reported its gauge of manufacturing activity dropped to 56.2 in June from 59.7 in May; economists had expected slighter dip to 59.

Pending-home sales plunged 30 percent in May from April, more than twice the 13-percent decline expected. Construction spending fell 0.2 percent, less than expected.

http://www.cnbc.com/id/38035901

I think the "Summer of Recovery" has hit a roadblock.

HonestChieffan
07-01-2010, 09:33 AM
Yes but as we heard yesterday if the numbers were worse, things would be worse. This is the depth and breadth of ObamaNomics.

Eat your gruel. Remember there are children starving in China.

The Mad Crapper
07-01-2010, 11:18 AM
http://www.iaza.com/work/100702C/did_I_do_that7451514165-iaza.jpg

patteeu
07-01-2010, 01:41 PM
At the rate we're going, it's going to be Bush's fault all the way to the next administration.

dirk digler
07-01-2010, 01:44 PM
At the rate we're going, it's going to be Bush's fault all the way to the next administration.

LMAO Ok that made me chuckle

The Mad Crapper
07-01-2010, 07:49 PM
http://www.iaza.com/work/100702C/did_I_do_that7451514165-iaza.jpg

bump