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Home » Economic Update: Is Manufacturing Bouncing Back?

Economic Update: Is Manufacturing Bouncing Back?

Latest numbers indicate that in some sectors the road to recovery is near

February 25, 2010
More about:  Economic Trends
Cautious optimism remains the theme for the economy in 2010. Slow but steady improvement is being seen in several sectors, yet the latest round of earnings reports demonstrate a hesitation to proclaim the U.S. and global economies have entered the recovery phase.

Last month, Donald A. Norman, an economist for the Manufacturers Alliance/MAPI, referred to the economy having been in "rehab" during the last quarter, while now it "finally appears to be on the road to recovery."

Indeed, manufacturing – one of the hardest hit sectors during this recession – began posting some positive numbers.

According to the Bureau of Labor Statistics, manufacturing added …

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Cautious optimism remains the theme for the economy in 2010. Slow but steady improvement is being seen in several sectors, yet the latest round of earnings reports demonstrate a hesitation to proclaim the U.S. and global economies have entered the recovery phase.

Last month, Donald A. Norman, an economist for the Manufacturers Alliance/MAPI, referred to the economy having been in "rehab" during the last quarter, while now it "finally appears to be on the road to recovery."

Indeed, manufacturing – one of the hardest hit sectors during this recession – began posting some positive numbers.

According to the Bureau of Labor Statistics, manufacturing added …



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