Last
week’s Economic reports indicate the economy is heating up as well as the
temperature.  This is evidence of the
anticipated manufacturing ramp-up to produce the goods consumers may buy when
the weather improves.  Last week, good
reports came from employment/jobs, from manufacturing activity, and from
personal income levels.

One
negative economic report last week indicated productivity came in at a lower
level than expected in the 4th Quarter, 2013.  I expect this to be a temporary
situation.