http://www.creditwritedowns.com/2009/02/us-ism-survey-shows-some-positive-signs.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2009/02/us-ism-survey-shows-some-positive-signs.html#comment-3144 Don the libertarian Democrat Mon, 02 Feb 2009 22:37:33 +0000 http://www.creditwritedowns.com/?p=5659#comment-3144 I was interested by the employment numbers and interpretation. Since I believe that we had proactive shedding of jobs in November and December, I read the numbers as saying that the proactive trend is ending. Norbert Orr seemed to say that jobs are usually held longer, but I'm speculating that he's wrong this time. However, it does seem that the employment numbers are good news. In fact, Orr seems pretty upbeat. As for China, surely everyone knows by now that they might be hit big. I was interested by the employment numbers and interpretation. Since I believe that we had proactive shedding of jobs in November and December, I read the numbers as saying that the proactive trend is ending. Norbert Orr seemed to say that jobs are usually held longer, but I’m speculating that he’s wrong this time. However, it does seem that the employment numbers are good news. In fact, Orr seems pretty upbeat. As for China, surely everyone knows by now that they might be hit big.

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