Carrol Cox wrote:
We began with a relatively narrow question: How much manufacturing is done in the u.s.
and:
The points you are raising here are important -- perhaps more important than the original question: IF YOU WERE RAISING THEM IN ANOTHER CONTEXT. In this context they only contribute to confusion and nonsense, as "drift" in topic almost always does.
Carol, the two questions Michael broached were:
What do people think about this report? Housing does not seem to be much of a basis for near term growth. Manufacturing growth was mostly driven by aircraft, I thought.
I've done my best to say what I think of it, mostly in my first posting on the topic. and:
Has there ever been a time when so many mixed signals have come for so long?
I'll leave that to the practicing economists, who are hopefully remunerated quite handsomely for their time calculating the stochastics and other processes involved in economic signals and their triggers. Leigh http://leighm.net/
