Midwest business jumps near four-year highs in December

[Harry Hope]

From Reuters, 12/30/09:
http://www.reuters.com/article/idUSTRE5BT2FC20091230

Midwest business jumps near four-year highs in December

NEW YORK (Reuters) -

Business activity in the U.S. Midwest expanded far more than expected
in December, hitting its highest in nearly four years on a massive
recovery in employment and accelerating new orders.

The Institute for Supply Management-Chicago said on Wednesday its
business barometer rose to 60.0 from 56.1 in November, marking its
highest reading since January 2006.

The result was much better than analysts' median forecast of 55.0, and
was marked by an eye-popping jump in the report's gauge of employment,
which has been the top worry as the economy slowly recovers from the
worst recession in decades.

"The number is a lot above consensus and it bodes well for continued
solid expectations as far as the economy and manufacturing goes.
That's going to be a vital part of 2010," said Alan Lancz, president
of Alan B. Lancz & Associates in Toledo, Ohio.

.......................................................................................................

The Employment index vaulted to 51.2 from November's 41.9.

That was its highest since November 2007 and also the first time it
has been in expansionary territory since then.

Boding well for the future, the new orders index rose to 63.5 from
62.8.

_____________________________________________________

Movin' right along.

Harry

[zzpat]

This story can't be true. The GOP voted against the Obama stimulus
package...every last one of them. They said it wouldn't work and we
know they always (WMDs) tell the truth.

[Not Sure]

Clinton was a Republican? LOL, continue humiliating yourself ;)