A Rising US Economy – More Good Signs

Its exciting and encouraging to hear more news of the US economy rising and becoming healthy… even quicker than expected.  We all love this great news, so we’re sharing today’s:

From the BBC-  August 26, 2009

BBC: “US durable goods orders and new home sales both soared last month, the latest positive indications of the state of the world’s largest economy.

Orders for goods expected to last more than three years increased 4.9% in July, beating analyst expectations of a 3% gain, said the Commerce Department.

Durable goods orders were lifted by the popularity of the government’s “cash for clunkers” car scrappage scheme.

This helped US car orders rise 0.9%, recovering from June and May falls.

At the same time, the annual rate of sales of new US homes rose 9.6% last month, also ahead of market targets.

This was the biggest rise in sales of new houses since September last year.

Boeing boost

The increase in durable goods orders was led by the commercial aviation sector, which pushed total transportation equipment orders up 18%.

Boeing factory in Washington state
Increased aircraft orders led the rise

July’s 107% increase in demand for civilian aircraft was thanks primarily to Boeing, which saw its largest increase in monthly orders since August last year.

The 0.9% increase in car orders compared with June’s 0.2% fall, and the sharp 8.4% decline in May.

July’s rise in auto orders was lifted by the success of the “cash for clunkers” or Car Allowance Rebate Scheme, whereby owners of old cars were given up to $4,500 when they traded in their vehicle for a new model.

The US Transportation Department said on Wednesday that the scheme, which ran from 1 July to 25 August, created 700,000 new car sales.

It added that the total amount of rebates paid out was $2.88bn (£1.8bn).

The White House in turn estimates that the scheme will create or save 42,000 US jobs in the second half of 2009, and boost economic growth between July and September by 0.3% to 0.4%.

Upbeat figures

Durable goods orders excluding transportation items rose 0.8%, which was the third rise in the past four months, and followed a revised 1.3% fall in June.

Sales of new US homes rose to a seasonally adjusted annual rate of 433,000 in July, up from 395,000 in June, said the Commerce Department.

Although this was a 9.6% rise from the month before, sales were still 13% lower than July 2008.

The latest upbeat official figures come a day after the closely-watched Conference Board Consumer Confidence Index rose by more than expected this month, while a separate study said the rate of decline in US house prices slowed in July.”

August 26, 2009 at 3:22 pm Leave a comment

212 Degrees to Boiling

We wanted to pass along this very short inspirational movie/video… at 211 degrees water is HOT, but add one degree, and at 212 degrees, water boils, produces steam and can produce enough energy to run a train!  This is worth watching… it takes EFFORT, ENERGY and WORK to be great, produce results,  make a difference… to change your life!

http://www.the212movie.com/

August 17, 2009 at 11:55 am Leave a comment

Company Case Study: New P&G CEO Bob McDonald on How to Improve Lives for People Who Cannot Afford Products

Here is a great case study example of how P&G  found a way to improve lives and save water for consumers in the  Philippines with the innovation of a product called Downy Single Rinse:

bob_mcdonaldFrom Forbes: On the Call: P&G CEO Bob McDonald

Associated Press, 08.05.09,

“The Procter & Gamble Co. uses a slogan that its consumer products touch and improve lives. Traditionally, that’s meant with “new and improved” innovations of Tide detergent and Crest toothpaste and other products.

But the company is pushing to increase sales in developing countries where per capita incomes are far below U.S. consumers, in a global recession. Bob McDonald, who took over July 1 as CEO, discussed the challenge in P&G’s fourth-quarter earnings conference call with analysts.

QUESTION:

I know you want to change lives, but what if people can’t afford to change their lives?

RESPONSE:

One of the things we’ve learned is that, in order to improve the lives of people that tend to be toward the bottom of the economic pyramid, you have to innovate for the best consumer experience for those people. It’s not a matter of trickling down higher-tier technology.

A great example of that is Downy Single Rinse, which we began developing in the Philippines some years ago. This was an opportunity for Filipino consumers who rinse their clothes five times with clear water in order to get rid of the soap, to use a product that added fragrance, some degree of softness, but also, importantly, sequestered the suds that were in the water and allowed them to go from five rinses to one.

And basically, the product pays for itself because of the water that they save.”

August 11, 2009 at 12:39 pm 1 comment

Older Posts Newer Posts


RSS In the News

  • An error has occurred; the feed is probably down. Try again later.

RSS Business & Leadership Conversations

  • An error has occurred; the feed is probably down. Try again later.

Brighten Up! Proven Methods for Facing Challenges.

Bright Side Archives

Feeds

Donna Rae’s twitterings

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

RSS What’s the Latest in Leadership?

RSS Business News & Headlines

  • An error has occurred; the feed is probably down. Try again later.

RSS Crain’s Cleveland

  • An error has occurred; the feed is probably down. Try again later.

RSS Rosabeth Moss Kanter Articles

  • When to Resign, and When to Clean Up the Mess
    The resignation of Eric Shinseki, the now-former U.S. Secretary of Veterans Affairs, doesn’t solve the problem of an appallingly inefficient VA hospital system with long waiting times for treatment and deaths that happened while veterans waited for care. When should a leader resign, and when should he stay and clean up his mess? Should Shinseki (and Presiden […]
  • Every Leader’s Real Audience
    You deliver a big public speech to a group of potential investors who can make or break your results. You prepare it knowing that it could be a milestone in the turnaround of your institution. But who else is listening most intently? Your own team of implementers. They couldn’t care less about ringing rhetoric quotable by future generations. They want to kno […]
  • Overcome the Eight Barriers to Confidence
    To get a more confident You in the new year — or a more confident company, community, family, or team — first know what gets in the way. The best resolutions will go nowhere without the confidence to stick with them. Confidence is an expectation of a positive outcome. It is not a personality trait; it is an assessment of a situation that sparks motivation. I […]
  • Mary Barra and the New General Motors
    It is now official. Girls like cars. And car companies know how to be driven by women. The appointment of Mary Barra as CEO-to-be of General Motors is a signal to car-lovers everywhere that the company is serious about its products and vehicle innovation. An engineer with a diemaker father who worked in a Pontiac plant, Barra is a 33-year company veteran. In […]