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Economic Recession & Recovery

December 1, 2009
The U.S. manufacturing sector grew in November for the fourth month in a row, Reuters points out today. However, the growth has slowed down slightly from October: The Institute for Supply Management said on Tuesday its index of national factory...
October 29, 2009
From the Associated Press: WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose in September as the biggest jump in demand for machinery in 18 months offset weakness in commercial aircraft and autos. The...
September 17, 2009
The Associated Press published an article yesterday about the gains in industrial production seen in August, yet another sign of the road to recovery. Here's one snippet: In part, the improvement reflected auto sales that were boosted by...
September 1, 2009
American manufacturing facilities are expanding production for the first time in over a year and a half, according to the Institute for Supply Management (ISM). The ISM's manufacturing index broke 50 for the first time since January 2008,...
August 18, 2009
From Reuters: General Motors Co said on Tuesday it is increasing production for the second half of 2009 after a surge in sales ignited by the U.S. government's "Cash for Clunkers" incentives program. The No.1 U.S. carmaker...
August 14, 2009
The Federal Reserve reported today that industrial production increased 0.5% in July, the first month in the positive realm in 9 months. The automotive sector lead the recovery as a result of the CARS ("Cash for Clunkers") program, but...
July 23, 2009
3M reports better than expected earnings for the quarter. Marketplace Radio also suggests that the manufacturing sector is likely to come back quickly. We need to be watchful.
June 24, 2009
While the manufacturing sector remains depressed, promising signs continue to emerge that we may be seeing the beginning of a turn around. The most recent sign is that the Commerce Department's report of May durable good orders shows promise...
June 1, 2009
The Institute for Supply Management's May 2009 Manufacturing Report on Business reports that their index increased to 42.8 — its highest level since September — compared with 40.1 in March. While a reading below 50 still indicates...
May 28, 2009
Commerce Department data for April manufacturing orders suggest that the downturn in manufacturing may be bottoming out. Perhaps more important than the April data is the trend that has seen increases in orders in two of the last three months,...