History shows that job booms typically follow recessions. What will be the next boom industry? Stacey Delo reports
5/7/2009
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Retail Sales in Jan rose .4% headline m/o/m, .7% ex auto's, .6% ex auto's and gasoline and .7% at the core. The headline figure was less than expected while the rest were slightly better. But, with respect to non headline sales, because Dec figures were revised lower, taking the two months together were about in line with forecasts overall. Sales rose in electronics, building materials, food/beverages, clothing, sporting goods, dept stores and restaurant/bars and fell interestingly for online retailers, health/personal care, furniture and motor vehicle/parts. Bottom line, headline sales were below expectations due to the greater than expected fall m/o/m...
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May 8th, 2009 at 9:36 am
An Aerospace Boom fueled by the Strategic Defense Initiative? I don’t remember anything of the kind. I was in the USAF during the 80s, in Space Command from 89 -92. GPS was being stood up at that time but the commercial segment of that was in it’s infancy, wouldn’t take off before the 90s. SDI put up some very expensive buildings, but their people were always worried about congress pulling the rug out from under them.
If the eighties were boom times for aerospace, what were the Apollo years (61-72)? Can you really even talk about an aerospace boom on the same level as the Internet or Housing booms(bubbles)?