Sunday, July 27, 2003

Sphere: Related Content

The Dems are getting some traction from the "Bush lied" non-issue. This might be their only glimmer of hope, since domestically, they may not have the economy as an issue:

WASHINGTON (AP) -- The economy is showing fresh signs of snapping out of its funk: Orders to factories for big-ticket goods registered the biggest increase since the beginning of the year and new-home sales climbed to the highest level on record.

The latest batch of economic news Friday reinforced hopes that a much anticipated revival will take hold in the second half of this year.

"It really is beginning to look as if the train has finally left the station,'' said Joel Naroff, president of Naroff Economic Advisors. "The news was very good and adds to the belief the economy is on the mend.''


Durable goods are up, companies are reporting nice profits, or at least meeting expectations, and the housing market-as has been the case during the entire downturn-is thriving.

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