I believe that, to the messaging out there, there could be those critics that want to resort to phantom statistics. But when you look at what is happening out there, there is no denying that these bits of fact that we are sharing here this evening are all recorded, they are documented. And it is that sort of fact, not fiction, that will rule and guide the policies as we go forward. The fact that factory orders have increased by the largest amount in more than 9 years is encouraging news. It tells us that there is confidence again, there is optimism that is ruling the day, and that the turnaround, that huge U-turn of which Fortune Magazine wrote is becoming more and more real in the lives of people. Car sales rising by 20 percent. That is so important to a region like that of Representative Boccieri that is so hooked to the auto industry.
Paul Tonko: “I believe that, to the messaging out there, there could be those critics that want to resort to phantom statistics. But…”
Editor's note · Context
The speaker discusses the positive economic indicators, including rising factory orders and car sales.
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