Rebound? Firms Aren't Buying It

[RamboLiberal]

http://www.cbsnews.com/stories/2003/09/15/national/main573186.shtml

Government reports released Monday indicated businesses remain skeptical of the economy's vitality, even as analysts say the economy will grow faster that it has since 1999 in the second half of this year.

Businesses' sales rose by 1.6 percent in July, the biggest increase since March, the Commerce Department said Monday. But stocks of unsold goods at the nation's businesses dipped by a mere 0.1 percent in July, a sign that companies remain wary of increasing inventories amid other indications of economic strength.

Also Monday, the Federal Reserve reported that industrial activity edged up by just one-tenth of one percent as weakness in the manufacturing sector kept industrial production restrained in August.

The Commerce Department also reported that the nation's trade deficit reached a record $138.7 billion.

[tom_paine]

1. That's because the "growth" is all Stolen Loot

Bushevik Loot, that is. Stolen from us, the Iraqis, wherever they could get their hands on it.