This article discusses how manufacturing has increased within the United States the past year. The annual increase in orders had the biggest jump since the booming 1990’s. However, manufacturing is increasing faster than the manufacturing employment. Companies are operating with fewer employees than needed, but the falling dollar will entice employers to hire. The falling dollar makes imports more expensive to the consumers of the United States and also makes goods more competitive in international markets. Economists predict that manufacturing employment will continue to grow, and that the manufacturing industry needs to create demand for the rest of the world to grow.
Posted by Dale at 3/24/2005 08:36:00 PM