American Manufacturing Recovering?

Discussion in 'Economy' started by Madeline, Sep 2, 2010.

  1. Madeline
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    Madeline BANNED

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  2. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Manufacturing must be on the rise. I must be going to open up a factory too. The other day when I went to the doctor for a check up after the heart attack, he said it was ok for me to start making whoopie. Now, all I have to do is find the raw materials and hire some folks to start production.
     
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  3. uscitizen
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    uscitizen Senior Member

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    Raw materials????

    sounds painful.
     
  4. johnrocks
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    johnrocks Silver Member

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    I don't know, maybe it is something local.
     
  5. uscitizen
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    uscitizen Senior Member

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    Manufacturing always recovers in August. Because it is down in July because that is the mandatory vacation and maintenance shutdown month.
     
  6. zzzz
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    zzzz Just a regular American

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    Hold on there!

    An increase in orders can be expected to replenish supplies and products consumed during the recession but it appears that this is not a sign of growth just a replenishment. Consumers are buying some products to replace old failing products but it looks like people are not going on a spending spree. It will be interesting to see what the Christmas orders will look like. Companies are starting to look at that part of the year and determine consumer demand but if the economy is sstill tanking...
     
    Last edited: Sep 2, 2010
  7. loosecannon
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    loosecannon Senior Member

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    manufacturing slowed down a LOT in late 2008 and 2009. Businesses reduced inventories like mad and eventually last winter our manufacturing base had bottomed and began a recovery.

    manufacturing then led the positive signs that a broader recovery might ensue in the spring. This report follows a small downturn in manufacturing indices in june and July.

    Consumer spending and confidence also perked in August. Along with at least one housing indicator (pending new home sales).

    The individual monthly reports don't mean all that much. The trend lines are what matter.
     
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    Toro Diamond Member

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  9. lizzie
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    lizzie Zen Warrior Supporting Member

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    I hope it is. I, for one, always try to find stuff manufactured in the US, and am willing to pay more for it, if I can afford to. I've been seeing a few more things made in the US, mostly things like hand-tools and similar items (not clothing, unfortunately). Our manufacturing goods is essential to our economic stability (imo), but competing with countries like China is very difficult. Basically, since we are in a global market nowadays, we, as Americans, will be forced to be more wage-competitive, as workers.
     
  10. Charles_Main
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    Charles_Main AR15 Owner

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    when you plummet to historic lows big gains are inevitable
     

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