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View Full Version : Strong Export Growth Reduces Recession Odds


Vegas
03-13-2008, 01:48 PM
http://mjperry.blogspot.com/2008/03/us-exports-at-record-high-show-strong.html

http://bp1.blogger.com/_otfwl2zc6Qc/R9a-qrtDtTI/AAAAAAAAD7U/eg4cCndbVBE/s400/ex.bmp

The graph above (click to enlarge) shows monthly U.S. exports of goods and services, on a year-to-year percentage change basis, from 1993-2008. The 16.56% growth in U.S. exports from January 2007-Janauary 2008 was the highest annual increase in more than 3-and-a-half years(since May 2004, see horizontal line in graph), was the fifth highest increase since 1993, and followed a general trend over the last year of increasing exports.

Notice also the significant decline in the exports during the 2001 recession - much different than today's robust and healthy export sector. As First Trust Advisors report, "Today’s trade data greatly reduce the odds the U.S. economy is in recession."

Jiddy78
03-13-2008, 01:49 PM
I saw one, count it, one American vehicle in 10 days in 3 major European cities. A Ford.

Shaddup to these baboons too.

swordfish
03-13-2008, 02:16 PM
I saw one, count it, one American vehicle in 10 days in 3 major European cities. A Ford.

Shaddup to these baboons too.

Probably didn't see any McDonald's.

Vegas
03-13-2008, 02:18 PM
Probably didn't see any McDonald's.

McDonalds are all over in Europe.

IBC
03-13-2008, 02:20 PM
McDonalds are all over in Europe.

Yes they are. Drives me crazy cause I hate McDonalds. KFC too. Subway, BK. They are all there.

Jiddy78
03-13-2008, 02:44 PM
Probably didn't see any McDonald's.

Sure did...Every city....Tons of them...I tried the London and France ones...Identical food...BUT...The drinks were MUCH different...A soda was a hundred times less sweet as was the milkshake...A vanilla shake tasted like, get this, VANILLA...Not sugar.