Economic News

  • Thread starter Thread starter nycfan
  • Start date Start date
  • Replies: 3K
  • Views: 147K
  • Politics 
Anyone who thinks the textile jobs that have been lost over the last 60 or so years are coming back doesn’t know anything about the textile industry.
Agreed, but good luck convincing rural and small-town NC MAGAs of that. I think many of them honestly believe that Dear Leader is going to bring back those jobs, and all evidence to the contrary be damned. It certainly fits the MAGA profile though, of people who prefer feelings over facts and beliefs over evidence and ignorance over education.
 


BESSENT: It's been a couple of months. We can't snap our fingers and have factories built

WELKER: The economy did add nearly 500,000 manufacturing jobs under President Biden

BESSENT: Most of the jobs created under the Biden administration went to illegal aliens
 


BESSENT: It's been a couple of months. We can't snap our fingers and have factories built

WELKER: The economy did add nearly 500,000 manufacturing jobs under President Biden

BESSENT: Most of the jobs created under the Biden administration went to illegal aliens



BESSENT: It's been a couple of months. We can't snap our fingers and have factories built

WELKER: The economy did add nearly 500,000 manufacturing jobs under President Biden

BESSENT: Most of the jobs created under the Biden administration went to illegal aliens

and once we get our BLS guy confirmed he will wipe out those 500,000 manufacturing jobs created under Biden with a downward revision

inch by inch, step by step
 
IMG_9510.jpeg


“… Despite a less-than-stellar year for box office sales, “The Conjuring: Last Rites” joins one of several horror films making headlines for unexpected success. In April, “Sinners,” the new original film from “Black Panther” and “Creed” director Ryan Coogler, opened with $48 million after receiving high praise from audiences and critics. “Final Destination: Bloodlines,” the sixth installment in its own long-running series, opened with $51.6 million in May. Finally, in August, Zach Cregger’s “Weapons” grossed $43.5 million during its opening weekend. With an $83 million opening weekend, “The Conjuring: Last Rites” clearly outperformed the other major horror hits for initial ticket sales. It remains to be seen if it can keep up this demand and keep outpacing the other horror hits overall.

“Sinners” proved to be a major hit in the U.S., grossing a total of $278.5 million at the domestic box office before leaving theaters, but was less of a hit internationally, grossing just over $88 million internationally for a combined $366.6 million. “Final Destination: Bloodlines” took home $138.1 million at the domestic box office, but grossed more than $307.4 million worldwide. “Weapons,” which is still playing in some theaters, has grossed a total of $139.1 million domestically before factoring in all of this weekend’s sales, according to Box Office Mojo data.…

… The second biggest movie at the box office over the weekend wasn’t a holdover blockbuster or a new release—it was “Hamilton,” the filmed version of Lin-Manuel Miranda’s blockbuster musical originally released for streaming on Disney+ in 2020 during the COVID-19 pandemic.…” [Jaws was #2 last weekend! 😬 ]


——

I am lifetime horror movie buff but not sure this is great news for the movie theater industry … or maybe for our culture.
 
IMG_9510.jpeg


“… Despite a less-than-stellar year for box office sales, “The Conjuring: Last Rites” joins one of several horror films making headlines for unexpected success. In April, “Sinners,” the new original film from “Black Panther” and “Creed” director Ryan Coogler, opened with $48 million after receiving high praise from audiences and critics. “Final Destination: Bloodlines,” the sixth installment in its own long-running series, opened with $51.6 million in May. Finally, in August, Zach Cregger’s “Weapons” grossed $43.5 million during its opening weekend. With an $83 million opening weekend, “The Conjuring: Last Rites” clearly outperformed the other major horror hits for initial ticket sales. It remains to be seen if it can keep up this demand and keep outpacing the other horror hits overall.

“Sinners” proved to be a major hit in the U.S., grossing a total of $278.5 million at the domestic box office before leaving theaters, but was less of a hit internationally, grossing just over $88 million internationally for a combined $366.6 million. “Final Destination: Bloodlines” took home $138.1 million at the domestic box office, but grossed more than $307.4 million worldwide. “Weapons,” which is still playing in some theaters, has grossed a total of $139.1 million domestically before factoring in all of this weekend’s sales, according to Box Office Mojo data.…

… The second biggest movie at the box office over the weekend wasn’t a holdover blockbuster or a new release—it was “Hamilton,” the filmed version of Lin-Manuel Miranda’s blockbuster musical originally released for streaming on Disney+ in 2020 during the COVID-19 pandemic.…” [Jaws was #2 last weekend! 😬 ]


——

I am lifetime horror movie buff but not sure this is great news for the movie theater industry … or maybe for our culture.
I have a hard time grouping Sinners with other horror movies. That thing was a masterpiece.
 
Bessent knows that a quarter point ain't gonna loosen anything right now, and even in the best scenario monetary policy takes about 4-6 months. So maybe by February we will start to see something. By then the situation will be dire.
 
Back
Top