Archive for manufacturing

Climate change? Pfft! say deniers. But money talks, and right now it's screaming.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

climate change Jack and Jill

Climate change, schlimate change, what a bunch of hooey, because, brrr, it's cold! Clearly, that means there's no global warming, right? Wrong.

Psst! Weather is not the same as climate, denier geniuses:

weath·er
noun \ˈwe-thər\

: the state of the air and atmosphere at a particular time and place : the temperature and other outside conditions (such as rain, cloudiness, etc.) at a particular time and place

: bad or stormy weather

vs...

cli·mate
noun \ˈklī-mət\

:  a region of the earth having specified climatic conditions

a: the average course or condition of the weather at a place usually over a period of years as exhibited by temperature, wind velocity, and precipitation

Now that that's settled, let's take a little peek at how increasingly extreme weather conditions, likely caused by overall climate change, are affecting more than what we wear. As we speak, we are seeing an alarming economic impact. As I read my morning Los Angeles Times, several articles scattered throughout the Business section caught my eye, and not in a good way:

1. Stocks dive on fresh growth worries:

Stocks were pounded by discouraging data released Monday on manufacturing, auto sales and construction spending.

You're probably asking, "Yeah? So? What does that have to do with climate change?" Plenty:

2. GM, Ford, Toyota auto sales plunge with January's cold weather:

Arctic-like weather across much of the nation put a freeze on January auto sales. [...] General Motors said Monday that its U.S. sales fell 12% in January to 171,486 vehicles compared with the same month a year earlier. [...] The automaker said its sales were the worst in the South, Midwest and Northeast, all areas that suffered from the extreme cold. [...]

Ford Motor Co. said its January fell 7% to 154,644.

Given the difficult weather in our largest sales regions, we are fortunate to have held in at retail as well as we did,” said John Felice, Ford vice president, U.S. marketing, sales and service. [...]

Toyota reported January sales results of 146,365 vehicles, a 7.2% decrease from what it sold in the U.S. in the same month a year earlier.

“January was off to a solid start, but the weather conditions slowed industry sales in key markets late in the month,” said Bill Fay, Toyota’s division group vice president and general manager.

but wait there's more smaller

3. Manufacturing activity slows in January; stocks slump:

"A number of comments from the panel cite adverse weather conditions as a factor negatively impacting their businesses in January," said Bradley Holcomb, chair of the Institute for Supply Management's Manufacturing Business Survey Committee.

4. California citrus season shortened by December freeze:

Consumers will have less time to get their hands on California citrus this year because of a cold snap in early December that damaged $441-million worth of fruit in the San Joaquin Valley, an industry study released Monday said. [...]

An estimated 40% of the [mandarin orange] crop that remained on trees were lost. That amounts to 4.7-million 40-pound cartons and $150 million in lost revenue. [...]

About 30% of the navel crop was lost in the valley, the heart of the state’s agriculture industry. That amounted to 22 million 40-pound cartons or $260 million worth of navels.

Valley lemon producers lost 20% of their crop, equal to $24 million in lost revenue.

And finally...
tadaa35. 'Polar vortex' wallops fliers' wallets:

Flights canceled in January's "polar vortex" inflicted $2.5 billion in costs on stranded travelers, according to a new analysis. The $2.5-billion figure represents lost productivity, hotel expenses and meals, MasFlight reported. The airline industry lost $75 million to $150 million. [...]

To avoid the hefty fines, airlines are now more likely to cancel flights during bad weather. [...] [T]he weather woes could take a bite out of the bottom line for some of the nation's biggest airlines.

"They'll definitely take a financial hit," Counter said.

All of those stories appeared in just one day, in one section of my paper.

And while all this is taking a financial and emotional toll, we have the filthy, "game over," disaster-in-waiting Keystone XL tar sands pipeline looming.

Hope the weather's good wherever you are, because the overall climate-- whether economic, psychological, political, or meteorological-- is chilling.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Manufacturing Activity Highest Since April 2011 #BlameObama

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

blame obama

Oh now what? As opposed to memes to the contrary all over the Internets Machine, there's good news from (!) Fox Biz that's happening right now, under Socialist Marxist Commie Fascist President Obama's watch. What kind of crazy world is this that upbeat stories can be reported while he's still in the White House? Unheard of!

Via an email alert:

The Institute for Supply Management reports manufacturing activity expanded to 57.3 in November, from 56.4 the month prior, beating estimates the gauge would fall to 55. The reading is the highest since April 2011. Readings above 50 point to expansion, while those below indicate contraction.

While we're on the subject of good news, how's about this one? Report: Nov. O-Care site enrollment near 100K.

I'm sorry, I truly am, but I'm just the messenger here. However, there is no cause for alarm. Fox "News" [sic] will swoop in and negate anything positive in 5...4...3...2...

blame obama Bush's fault smaller

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Weekly jobless claims fall to 340K, midwest manufacturing spikes, deficit lowest in 5 years #BlameObama

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

blame obama Bush's fault smaller

Fox Biz keeps sending me email alerts, and because I have so much faith in Fox's credibility, I share many of them with you. After all, who am I to question Fox or their sources?

First-time claims for unemployment benefits fell last week to 340,000 from 350,000 the week prior. Economists expected claims to fall to 339,000. The Labor Department said there were no backlog claims from a computer glitch in California that’s affected previous reports.

The Institute for Supply Management-Chicago’s gauge of manufacturing activity surged in October to 65.9 from 55.7 in September, while economists expected activity to fall to 55. The reading was the highest since March 2011. Readings above 50 indicate expansion, while those below point to contraction in activity.

But wait! There's more!

U.S. Budget Deficit Down to $680B, Lowest in 5 Years...

...down from $1.09 trillion in 2012. That’s the smallest imbalance since 2008, when the government ran a $458.6 billion deficit.

Guess what contributed to that number... Go ahead, guess.

If you guessed a better economy and higher tax rates, you'd be correct.

Unfortunately, the Republican government shutdown is adding to the unemployment numbers. #BlameGOP

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

U.S. Manufacturing Activity Highest Since April 2011 #BlameObama

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

if only

This comes directly from a Fox Biz email alert. Now we all rely on and trust Fox for all our news, because we all know deep in our hearts how fair and accurate they continue to be, so this report is clearly no exception.

Yes, it's true, workers are producing and manufacturers are manufacturing:

The Institute for Supply Management’s gauge of manufacturing activity rose in September to 56.2 from 55.7 in August. Meanwhile, economists expected a reading of 55.

Now if only those producing workers could make better wages, get better benefits, and be allowed to unionize without being politically assaulted. If only Big Corporations would stop sitting on their trillions and give employees raises.

If only...

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Live Streaming Video- President Obama Speaks at the Ford Stamping Plant 1:50p EDT

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Video Mid Day Distraction- Point and shoot scanner that recreates anything in 3D

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Pretty futuristic. Via.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Quickie- Economy gains 188,000 jobs in June

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

happybird

And in related news, Elkhart County, Indiana that had an 18.9 unemployment rate in 2009 (and got 2 visits from PBO) now is first in the nation for job growth!

ROSELAND, N.J., July 3 (UPI) -- Private-sector employment in the United States rose by 188,000 jobs in June, with gains made by small to large businesses, payroll processor ADP said Wednesday.

The month's gains were better than May, when 135,000 new jobs were created. It also beats April, when 113,000 private-sector jobs were added to the economy.

ADP said businesses with under 50 employees were responsible for 84,000 new jobs in June, while

medium-sized companies added 55,000 jobs in the month. The largest firms, those with over 500 employees, added 49,000 jobs in June, ADP said.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare