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Economic Recession & Recovery

July 28, 2010
A story in Monday's New York Times reports that the costs of marine freight are again increasing as the global economy recovers. This trend is a reemergence of a trend that ACEEE noted in the last half of the past decade. Part of this trend is...
July 2, 2010
A story in today's New York Times highlighted a fact that ACEEE has been hearing for several years, which is there is a shortage of skilled manufacturing workers (as I discussed last year in my Senate Energy testimony). The Times story uses...
June 1, 2010
The Institute of Supply Management reported today that activity in 16 of 18 industry sectors increased last month, for the 10th consecutive month of manufacturing growth. The only industry groups that contracted were petroleum and coal. Order...
May 14, 2010
Three federal data reports released today provide further evidence of a sustained recovery in the manufacturing sector. In addition to factory output increasing by 1% for the second month in a row, consumer spending increased for the 7th month at...
April 29, 2010
Business investment is rebounding rapidly, reversing directing from the drastic cutbacks and plant closings that began almost two years ago. However, according to Dow Jones Newswires Column, there is a key change to the way many businesses are...
March 31, 2010
While reports indicate that factor orders increased for the 10th month out of the past 11, inventories grew at a slower rate than anticipated indicating continued caution on the part of companies. The bright spots are in investments in...
January 27, 2010
In December, ACEEE and 26 other leading trade associations, industrial firms, and NGOs signed a letter in support of provisions in upcoming jobs legislation that will create jobs, improve energy efficiency in manufacturing, and help make American...
January 4, 2010
According to a new report released by the Institute for Supply Management, in December the U.S. manufacturing sector grew for the fifth straight month. The ISM's index of national factory activity rose to 55.9 from 53.6, putting it at its...
December 9, 2009
Yesterday, President Obama gave a speech broadly laying out the steps that his Administration envisions for further stimulating the economy, putting Americans back to work, and getting businesses hiring again. In it, he gave a nod to the...
December 4, 2009
Economic reports show that U.S. factory orders unexpectedly rose in the month of October, according to the Associate Press. Economists worry that economic recovery could be hindered by a continued increase in unemployment rates and decrease in...