Friday, February 10, 2012

U.S. factory orders up 1.1% in December

WASHINGTON -- Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. manufacturing. Combined with strong figures released Thursday on job growth in January, they signal the economic recovery is gathering strength. 
 
Factory orders rose 1.1 percent following a 2.2 percent gain in November, the Commerce Department reported Friday. For the year, total orders were up 12.1 percent following a gain of 12.9 percent in 2010. Orders had plunged 22.1 percent in the 2009, the year the deep recession ended.

Hunger in America: 2012 United States Hunger and Poverty Facts



3 Years of Progress


Over 650 Physicians Speak Out in Favor of Contraception Ruling

Over 650 physicians and medical students, including 70 self-identifying Catholics, from 49 states signed an open letter to President Obama and Secretary Kathleen Sebelius urging them to maintain a recent HHS contraception rule providing women access to cost-free contraception through their insurers.

The petition, which was drafted by grassroots organization Doctors for America, argues that “Women and their doctors should be allowed to make contracpetive decisions based on medical reasons and personal beliefs — not based on someone else’s religious doctrine.” An infographic posted on the website points out that 11.2 million American women ages 15-44 use oral contraceptives, and 58 percent of them use contraception for reasons other than family planning. — Fatima Najiy



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Foreigners Get Visas For Investing In Bay Area and the Nation



Auto Plants at Capacity Buoying All Parts of U.S. Economy: Cars



Medicare Advantage Premiums Drop 7% :: Senior's Save $$

The Obama administration announced Wednesday that the Medicare Advantage program, which allows seniors to receive health coverage through a private insurer, is enjoying lower costs and more customers as a result of the health care reform law.

Medicare Advantage enrollment has risen 10 percent over the last year while average premiums have fallen by 7 percent, said Health and Human Services Secretary Kathleen Sebelius. She also pointed out that similar improvements were seen the previous year.

The figures bolster President Obama’s defense of his signature achievement, and for Democrats it has the added bonus of refuting earlier Republican warnings that “Obamacare” would gravely undermine the choice provisions in Medicare.

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