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Under Construction February 17, 2018

Posted by geoff in News.
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I’m dinking around with the IB stylesheet, and naturally disasters are occurring. So don’t be alarmed – it’s not the end times.

Yet.

Another Economic High Note February 17, 2018

Posted by geoff in News.
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Forgot to mention this a couple of weeks ago, but US monthly exports in December just set a record: the highest they’ve ever been.

ExportsFebruary2018Report
Almost all of the $3.5 billion increase from November came from exports of goods:

Exports of goods on a Census basis increased $3.4 billion.

    • Industrial supplies and materials increased $1.5 billion.
      • Organic chemicals increased $0.2 billion.
      • Fuel oil increased $0.2 billion.
    • * Capital goods increased $1.2 billion.
      • Civilian aircraft increased $0.8 billion.
      • Other industrial machines increased $0.7 billion.

 

 

Chinese Military Tech Gets Competitive February 16, 2018

Posted by geoff in News.
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When I first commenced blogging nearly 12 years ago, I tried everyone’s patience with my constant harping on the emerging military/geopolitical threat of China. I eventually dropped the subject (for the most part), so as not to bore the IB gang. At the time there was a cadre of nay-sayers who raised the typical objections, “China’s military uses obsolete equipment,” “China lacks the industrial expertise to make state-of-the-art equipment, “China’s R&D is derivative, relying on copying the West.”

“But they’re modernizing,” said I, “and their high-tech industry is growing. And they’ve trained their scientists and engineers abroad, so they’re fully capable of innovation.”

And now, you can call me Nostradamus:

China’s rapid military modernization is “remarkable,” and is no longer merely “catching up” with the West, reports the International Institute for Strategic Studies in their annual report on global military capabilities.

“China’s emerging weapons developments and broader defence-technological progress mean that it has become a global defence innovator” says Dr. John Chipman, Director-General and Chief Executive of the London-based think tank.

It’s been sad to watch this happening over the course of 12 years, while the United States does nothing.

Great Blue Heron February 11, 2018

Posted by Sobek in News.
5 comments

20180211_134843

Olympic Style February 10, 2018

Posted by Retired Geezer in Ducks, Family, News.
3 comments

I think Michael would have liked this.

It’s a parody video done by the Norwegian Olympic ski team.

 

 

Drillbillies February 6, 2018

Posted by skinbad in Ballistics, Crime.
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I’ve got to link this story just so Lauraw can add a photo to her rotation. Dude went after his cousin with a Dewalt. It’s time to ban high-capacity lithium batteries.

Police: Roy man attacked cousin with drill

 

Super Bowl Reaction February 5, 2018

Posted by geoff in News.
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Great game. Fun game. Very enjoyable.

But the worst commercials ever. Smarmy, preachy, “We are the World”-type pablum.

Give me the funny.

Manufacturing Jobs, February 2018 Report February 2, 2018

Posted by geoff in News.
8 comments

I don’t think I need to say a thing:

ManufJobsFeb2018Report

Employment Inches Up Again February 2, 2018

Posted by geoff in News.
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[Sorry for my lack of posting – I’ve been buried in matters personal and professional. Not likely to improve for some time, so I hope that some of the other IB authors can jump in.]

The BLS published its Employment Situation Report today, following the thundering jobs report from ADP yesterday. Today’s report was influenced by an update to the population statistics used in the Household Survey, in which BLS add almost half a million people to the population. Past employment numbers were not affected.

This might explain why the improvement shown in my chart wasn’t more impressive:

FullTimeEmpvsCivPopFeb2018Report
But it’s a little better than last month, so I’ll take it.

Say, didja ever want to see these numbers extending backwards to 1990? Of course you did:

FullTimeEmpvsCivPopFeb2018Report1990