An Economy Built on Sand (Musical Tribute)

The first chart shows the 12-month moving average of construction sand and gravel mining employment.


Click to enlarge.

We're now below levels seen during the early 1990s recession. Too dire? Secretly wishing to read the newspaper instead? Well, better hurry!

The next chart shows the 12-month moving average of newspaper publishing employment.


Click to enlarge.

We're now below levels seen during the post-war 1940s. Look, I'm not intending to send you into a claw your own eyes out and jump off the nearest bridge style clinical depression. Let me spin you a positive "yarn" to cheer you up!

This last chart shows the 12-month moving average of textile mill employment.


Click to enlarge.

The Fed has apparently permanently halted the decline! Just look at that trend failure. Sometimes small victories are the best victories. So get out there and pick up some of these textile jobs before the next person does. I have a really good feeling about our textile employment future! That's right India and China! We're gunnin' for ya!



Source Data:
BLS: CES Databases