« Major newspapers bleeding readers | Main | Going To BlogWorld? »

Business News You Might Have Missed

Growth in Total Incomes, Wages + Salaries

Total incomes and wages and salaries have been growing much faster than inflation:

6.8% - growth in total incomes - 9/06 - 9/07
7.1% - growth in total salaries + wages - 9/06 - 9/07

2.8% - total consumer inflation rate, 9/06 - 9/07

For obvious reasons the chances the national media would have reported those facts to the general public fell somewhere between Kucinich and Paul; i.e., no f'n chance in hell.

Economic Growth

The country's services sector grew in October for the 55th consecutive month. Services account for 80% of all economic activity. The rate of services growth in October was greater than September's growth rate. The nation's manufacturing sector also grew in October.

Steel Curtain

The Pittsburgh Steelers ranked # 1 in a survey of local team branding. Here's a link to a decent AP article.

This is not at all surprising. I mean, seriously, have you ever met a Pittsburgh Steelers fan??? Damn.

I thought New York sports fans were, well, fanatics. But Steelers fans are off the charts, honey.


TrackBack

TrackBack URL for this entry:
/cgi-bin/mt-tb.cgi/25263.

Comments (8)

Oh yes, the economy is just... (Below threshold)
astigafa:

Oh yes, the economy is just wonderful. Super. Keep cranking out those wonderful Whizbanger truths, people.

Yeah, yeah, Astigafa, the e... (Below threshold)
JLawson:

Yeah, yeah, Astigafa, the economy sucks. We understand, yea verily, and it will sucketh mightily until a DEMOCRAT has the exact same conditions, at which point you would be singing and shouting Hosannas about how heavenly and wonderful it all is!

I swear, it's a friggin' religion that things suck now worse than the Great Depression. So, would you be kind enough to put up linkage to hard facts which support your dismal viewpoint?

astigafa, I think its so cu... (Below threshold)
SPQR:

astigafa, I think its so cute how you willingly ignore all the actual facts about the economic performance of the nation to cling to your delusions.

What's absolutely sick and ... (Below threshold)
Rory:

What's absolutely sick and demented about Liberals is that they postively pray for the demise of the country as a whole either economically or at war or BOTH just BECAUSE a REPUBLICAN is the President.

It's postively sickening and you know-dare I say it-emblematic of a mental disorder. Harsh- I know- but what the the hell else explains it?

As to the Steelers brand ar... (Below threshold)
Bob:

As to the Steelers brand article, it articulates what I see and experience. The team embodies the city's self image. If you are from Pittsburgh it is automatically assumed that you bleed back and gold.

The Rooney's have done unintentionally, at least initially. They had the team represent their values and vision. The constency of the Rooney's vision and execution has allowed this.

I have been a Steelers fan since I was a ten-year old (now 42) and never lived or had family who lived in Pittsburgh until I met my wife.

My wife of almost twenty years is born and bred there. We live in Ohio yet the ties to the black and gold go deep in that my teenage daughters, who have never lived in Pittsburgh either, but by my wife's family's indoctrination are religously committed fans.

One of my wife's greatest admiration for the team is no cheerleaders. Dan Rooney recently said about the short lived Steelerettes, "The TV Cameras liked them, but we take our football seriously in Pittsburgh. We just didn't need them," The clarity of vision is what builds a great team and a brand.

If inflation was measured t... (Below threshold)
John S:

If inflation was measured the same way it was measured when Jimmy Carter was president, inflation today is worse than it was during his administration. You can thank the Clintons for making the "official" inflation numbers laughable. So those 160,000 new burger flipping and bedpan changing jobs in September aren't really keeping up.

As for the economy:

$98 oil, and rising quickly.
$4 gasoline and $5 heating oil to follow.

A dollar that's losing 1% of its value a day. That can't be good if you're paid in dollars.

$1 trillion and counting in bad subprime and Alt A loans. No one knows how this will play out.

Anyone who wants to be president under these circumstances is a bonafide idiot. But we have dozens of idiots running.

I notice that Jayson's post... (Below threshold)
Brian:

I notice that Jayson's posts are getting shorter and shorter. He must be running out of statistics to cherry pick.

Hooverville! The sky is fal... (Below threshold)

Hooverville! The sky is falling! Chomsky!




Advertisements









rightads.gif

beltwaybloggers.gif

insiderslogo.jpg

mba_blue.gif

Follow Wizbang

Follow Wizbang on FacebookFollow Wizbang on TwitterSubscribe to Wizbang feedWizbang Mobile

Contact

Send e-mail tips to us:

[email protected]

Fresh Links

Credits

Section Editor: Maggie Whitton

Editors: Jay Tea, Lorie Byrd, Kim Priestap, DJ Drummond, Michael Laprarie, Baron Von Ottomatic, Shawn Mallow, Rick, Dan Karipides, Michael Avitablile, Charlie Quidnunc, Steve Schippert

Emeritus: Paul, Mary Katherine Ham, Jim Addison, Alexander K. McClure, Cassy Fiano, Bill Jempty, John Stansbury, Rob Port

In Memorium: HughS

All original content copyright © 2003-2010 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark.

Powered by Movable Type Pro 4.361

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.

Author Login



Terms Of Service

DCMA Compliance Notice

Privacy Policy