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Default Brightening economic outlook?

D.Duck wrote:
"Eisboch" wrote in message
news
Having a small company that is involved in large, capital equipment type
contracts has certain advantages. One of them, that I noticed years ago,
is that the level of new orders almost always reflects an accurate
prediction of which way the general economy was heading, usually about 6
months before it became a current topic of discussion in the media.

Last year my former company (now my oldest son's) had a tough year with a
major slowdown in new order activity and, in some cases, cancellation or
postponement of planned orders by several customers. The situation was
not unique to the company as many others involved in similar, high cost
capital equipment businesses experienced the same slowdown.

This has all changed. In the past 30 days the company has received over
$6M in new contracts and the quoting activity for more has picked up
substantially. If this continues, and past history says it will, 2008
will be a very busy year. I'll betcha that by May or June all the talk
will be about how robust the US economy is.

Eisboch


Yeah right. "ALL" the talk in an election year will be about the robust US
economy, particularly in this venue. :-)

I sure hope your favorite leading indicator is right on track again this
time. Enough is enough.



House sales up in November! If you are so inclined it is time to go
rental property shopping.

 
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