Dispatch from the Front: The Week of August 31

By August 31, 2009Economy, General

Congress spends its last week on recess before reconvening next Tuesday in Washington. Expect one more spate-rash of stories about health care town halls, tied to House Majority Leader Steny Hoyer’s forum on Tuesday in Waldorf, Md.

President Obama has returned to the White House before heading to Camp David on Wednesday to finish the family vacation. By the way, The Washington Post has a new online feature, the POTUS Tracker.

California may drive the news this week with the fires (Mt. Wilson webcam) and the special primary election to fill the East Bay congressional seat of Ellen Tauscher.

The National Association of Manufacturers and National Federation of Independent Business continue advertising in 13 states on the economic consequences of passing cap-and-trade climate legislation.

Executive Branch: Defense Secretary Robert Gates today visits the Lockheed Martin Corp F-35 fighter plant in Fort Worth, and then the L-3 reconnaissance drone facility in Greensville. Agriculture Secretary Tom Vilsack stops the Rural Tour in Zanesville, Ohio, today with Sen. Sherrod Brown and Rep. Zack Space. Energy Secretary Chu speaks at a two-day conference at New Mexico State, “Re-Energize America: Policy, Practice, and Possibility for America’s Energy Future.” EPA Administrator Lisa Jackson is in Gary, Ind., Tuesday for “Green Jobs” rally sponsored by the union-environmentalist Blue-Green Alliance. (The Alliance members: USW, Sierra Club, CWA, NRDC, LIUNA, SEIU and UWUA.)

Economic Reports: From once-again profitable Seattle Times, news of a busy week of reports. “On Monday are the Institute for Supply Management’s (ISM) index on manufacturing and the latest figures on auto sales. Tuesday are reports on factory orders, worker productivity and labor costs, plus the release of the minutes from the recent two-day meeting of the Federal Open Market Committee. Figures on retail sales and the ISM’s index on the service sector are out Thursday. The U.S. unemployment rate for August is Friday.” The Washington Post’s week ahead focuses on Friday’s unemployment report.

Leave a Reply