NEWS FOR THE WEEK OF OCTOBER 23
“Bolstered By Good Earnings Reports … Wall Street
Enjoyed Another Record-Setting Session Thursday,
With The Dow Closing At A Record High For The 13th
Time In The Past 18 Trading Sessions …” (Adam Shell,
“Lucky 13: Dow Closes At Record Again,” USA Today, 10/27/06)
The S&P 500 Closed Thursday At A 6-Year High.
(Adam Shell, “Lucky 13: Dow Closes At Record Again,” USA Today,
10/27/06)
For The Year (As Of Oct. 26th Close):
• The Dow Is Up 13.5 Percent.
• The Nasdaq Is Up 7.9 Percent.
• The S&P 500 Is Up 11.3 Percent. (Yahoo Finance
Website, http://finance.yahoo.com/, Accessed 10/26/06)
Treasury Secretary Henry Paulson: “[I]n January, I was
concerned about making a transition from an
unsustainable level of growth to a sustainable level of
growth. I knew that the key to a prolonged economic
expansion was this economy’s ability to do that. And now
I’m feeling quite good about it.” (CBNC’s “Morning Call,”
10/27/06)
• The Economy Has Grown For 20 Straight
Quarters. (Bureau Of Economic Analysis Website,
www.bea.gov, Accessed 10/27/06)
The Economy Has Grown 15.8% (Nearly $1.6 Trillion,
Or The Size Of Italy’s Economy) Since President Bush
Took Office. (BEAWebsite, www.bea.gov, Accessed 10/27/06; CIA
Website, www.cia.gov, Accessed 10/27/06)
Paid for by the Republican National Committee
310 First Street SE, Washington, D.C. 20003 - (202) 863-8614 - www.gop.com
Not authorized by any candidate or candidate committee.
Average Gas Prices Have Fallen To $2.21 A Gallon,
Their Lowest Level In More Than 10 Months. (“Gas Prices
Fall To Lowest Level In 2006,” The Associated Press, 10/23/06)
• This Is Down 1.8 Cents From The Prior Week.
(“Gas Prices Fall To Lowest Level In 2006,” The Associated
Press, 10/23/06)
• Gas Prices Are 40 Cents Lower Than A Year
Ago And Are Down More Than 80 Cents A
Gallon Since The Start Of Aug. (“Gas Prices Fall To
Lowest Level In 2006,” The Associated Press, 10/23/06)
Orders For U.S.-Made Durable Goods Jumped 7.8% In
Sept., The Largest In 6 Years. (“Durables Soar To Six-Year
High On Boeing,” MarketWatch, 10/26/06)
• Orders For New Aircraft Nearly Tripled.
(“Durables Soar To Six-Year High On Boeing,”
MarketWatch, 10/26/06)
• Transportation Orders Rose 27.6%, The
Largest In 6 Years. (“Durables Soar To Six-Year High
On Boeing,” MarketWatch, 10/26/06)
The Homeownership Rate Increased From 68.7% In
The 2nd Quarter To 69% In The 3rd – Up From 67.5%
When President Bush Took Office. (U.S. Department Of
Commerce, Press Release, 10/27/06)
• The African-American Homeownership Rate
Jumped From 47.2% In the 2nd Quarter To
48.6% In The 3rd. (U.S. Department Of Commerce,
Press Release, 10/27/06)