Power Breakfast: Ga. manufacturers bullish, airport runway, foreclosures, Gwinnett budget, auto sales, online privacy

Georgia’s manufacturers have turned bullish on the economy, writes AJC reporter Dan Chapman.

After four months of declines, the Purchasing Managers Index, a barometer of the state’s manufacturing health released by Kennesaw State University, jumped six points in November indicating that factories are revving up production, Chapman writes.

Orders for manufactured goods rose a striking 11.3 percent. Manufacturers also plan to hire more workers, the survey shows.

“The numbers are moving in the right direction for a change,” said Don Sabbarese, director of the university’s Econometric Center. But “it is not clear whether or not November’s improvement will continue.”

Nearly half of the purchasing managers, though, expect higher levels of production over the next three to six months, Chapman reports.

The confidence expressed by Georgia’s manufacturers was echoed, largely, by the Federal Reserve’s so-called Beige Book, Chapman writes. The report shows that “economic activity rose modestly in October through mid-November” across the Atlanta region.

Also in the AJC:

In other media:

- Henry Unger, The Biz Beat

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9 comments Add your comment

TnGelding

December 2nd, 2010
6:16 am

Shh! Don’t tell the GOP. Let them continue to make fools of themselves as they sit on the sidelines and get left in the dust. Just think where the economy would be if the sore losers from 2008 stopped pouting.

shadow7071

December 2nd, 2010
7:41 am

When you a read a report like this you envision a dynamic place where workers and machinery are creating, assembling, packaging and shipping a steady stream of products destined for the market place. And the report paints a picture that life for this place is good and predicts it will get better. But the truth is that most manufacturing in Georgia has gone away and the report is only about a lingering few manufacturers that have hung on and are still trying to survive.

Buzz G

December 2nd, 2010
8:10 am

Things are better here than they are in many other states. But even here the economy is still very lethargic. Until Washington gets it’s act together and passes a budget and extends the Bush tax cuts, who would invest in a new plant or equipment?

Finn McCool

December 2nd, 2010
8:20 am

We still have manufacturing here? Where???? Is it a museum? It should be.

TnGelding

December 2nd, 2010
9:15 am

Fact: the USA leads the world in the dollar value of goods produced.

TnGelding

December 2nd, 2010
9:15 pm

…but not for much longer.

shadow7071

December 2nd, 2010
10:45 pm

TnGelding, WalMart is the number 1 retailer in America. Tell me how many products that they sell are made in America. Then explain to me how the USA leads the world in goods produced. Facts have to be verified and validated.

TnGelding

December 3rd, 2010
4:03 am

I ddn’t say we lead the world in goods produced. We lead the world in DOLLAR VALUE of goods produced.

http://moneywatch.bnet.com/economic-news/blog/macro-view/manufacturing-surprise-the-us-still-leads-in-making-things/2134/

I never have shopped at Walmart much. I imagine Mr. Sam is turning in his grave. Cheaper is not always better and it has too much leverage with suppliers. Didn’t it have a “made in the USA” advertising campaign once?

adam123456789

December 4th, 2010
5:45 am

a very good work by your team……….
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