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« Wuzzadem's Situation Room | Main | Dean: Iraq War "Unwinnable" »
December 06, 2005

Factory Orders Rise; Productivity Jumps

But Remember When The Boy Had To Kill Brave Ol' Yeller? Gosh, That Was Sad... And Ol' Yeller's Never Coming Back

For every optimistic sign, there is an even more optimistic sign, but for ever even more optististic sign, there is the ominous threat of full-blown Mad Max style civilizational collapse:

Orders to U.S. factories posted a solid increase in October while - worker productivity jumped by the largest amount in two years, the government reported Tuesday. It was the latest evidence that the economy is rebounding from the Gulf Coast hurricanes and a spike in energy prices, leading analysts to predict the economy will turn in a solid performance in coming months.

"The momentum of growth has been very strong," said Nariman Behravesh, chief economist at Global Insight in Lexington, Mass. "This suggests that growth in the fourth quarter of this year and early next year will remain robust."
...

Meanwhile, the Labor Department reported that the productivity of American workers shot up at an annual rate of 4.7 percent in the July- September quarter, the best showing in two years. The new figure was revised upward from an initial estimate of 4.1 percent growth in productivity.

The big jump in worker efficiency helped to push labor costs down by 1 percent at an annual rate in third quarter, double the 0.5 percent drop in unit labor costs that had originally been reported. The stronger productivity and falling labor costs should help ease fears at the Federal Reserve that overall inflation was on the verge of worsening because of rising wage pressures.

Click for the song that's sweeping the nation:


Guess What? I got a fev-ah.
And the only. Prescription.
Is More Cowbell.


posted by Ace at 01:42 PM
Comments



Old Yeller? What's next? Bambi's mom? The Yearling?

Posted by: on December 6, 2005 01:49 PM

Ace, DON'T YOU GET IT? Look, if productivity has risen, and I have my doubts, it's risen because of the robots. THE ROBOTS. And those robots are doing the jobs that used to put food on the table for a hard working union families of four.

Do you love robots more than your fellow man? Well, DO YOU? I bet you do, since you're an angry conservative, and you're acting like this rise in productivity is a good thing.

Posted by: Rocketeer on December 6, 2005 01:55 PM

"'The momentum of growth has been very strong,' said Nariman Behravesh..."

Wait a minute, that name looks middle-eastern! Don't let William Thrash see this, or he'll probably tell you the growing economy is part of a Muslim plot.

Posted by: Sobek on December 6, 2005 02:07 PM

Saw an economy, overrun with recession. I said, not me.
Through Spring I spent and tried to save.
In Summer the GDP was blooming brilliant.
But in the slumberous warmth the inflation got ahead of me.
Have I got the will, in this heat?
Oh, let it go to seed
And sleep with me under the snow
Chancing some Spring awakening!

Posted by: on December 6, 2005 02:13 PM

That that cowbell song isn't your radio show's theme is a branding mistake akin to New Coke

Posted by: Dr. Reo Symes on December 6, 2005 02:20 PM

That's the AOSHQ ™ theme song? Meh. I thought this was.

Posted by: Iblis on December 6, 2005 02:21 PM

Dr. Reo,

I'll get it on next week. It's too late to get them to cut it now.

Posted by: ace on December 6, 2005 02:34 PM

Fucking guy.

Posted by: lauraw on December 6, 2005 04:55 PM
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