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Home » Is Manufacturing Disappearing?

Is Manufacturing Disappearing?

June 25, 2003
More about:  Distribution Trends,  Economic Trends
According to the Chicago Fed Letter (June 2003), the recession that began in 2001 has been different from any other. For one thing, consumer spending'which typically shrinks during a recession'continued at a high level, with consumers buying a record number of cars and other light vehicles. Rather than consumers causing a weak economy by hanging onto their money, the weakness was in the manufacturing sector of the economy.And what does this change in output mean to distributors?


The peak of manufacturing came in June 2000, about 10 months before the larger economy went into recession. Declines continued until December 2001. During this period, output declined 7.6%. Since this low point, manufacturing production has increased only 1.1% Does this mean that manufacturing is ...

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According to the Chicago Fed Letter (June 2003), the recession that began in 2001 has been different from any other. For one thing, consumer spending'which typically shrinks during a recession'continued at a high level, with consumers buying a record number of cars and other light vehicles. Rather than consumers causing a weak economy by hanging onto their money, the weakness was in the manufacturing sector of the economy.And what does this change in output mean to distributors?


The peak of manufacturing came in June 2000, about 10 months before the larger economy went into recession. Declines continued until December 2001. During this period, output declined 7.6%. Since this low point, manufacturing production has increased only 1.1% Does this mean that manufacturing is ...



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