U.S. Factories BOOMING!

Notice the Dems never call it the “Bush Economy” anymore?

US factories enter longest stretch of rapid growth in 30 years

WASHINGTON (AFP) – The American manufacturing sector sped up activity in July, cementing the longest stretch of rapid growth in more than 30 years, a survey showed.

The Institute for Supply Management purchasing managers’ index (PMI), based on a survey of supply executives, rose 0.9 point from June to 62.0 in July, in line with private economists’ forecasts.

It was the 14th consecutive reading above 50 points, which indicates an expansion in activity.

“The manufacturing sector continues to grow at a rapid rate as the PMI has now been above 60 percent for nine consecutive months,” survey chief Norbert Ore said in a statement.

“This is the longest period of growth above 60 percent since the 12-month period of July 1972 through June 1973,” he said.

Even with the internet bubble happening under his watch, the Clinton economy never did as well as the Bush economy.

If only the dumbass Republicans would talk about it as much as Clinton did, the election would be a foregone conclusion.

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