Manufacturing in 2 US Regions Grew (big time) in March

[denem]

Last edited Thu Mar 15, 2012, 06:40 PM - Edit history (1)

Source: abc News

Manufacturing in the northeastern United States expanded this month at its best pace in nearly a year. The growth confirms other data showing the U.S. economy is strengthening.

A Federal Reserve Bank of Philadelphia index of manufacturing conditions rose in March to 12.5, its highest reading since April 2011. A similar survey by the Federal Reserve Bank of New York rose to 20.2, a 21-month high.

Both reports showed that factories in those regions added jobs in early March.

... The Labor Department reported last week manufacturing jobs grew by 31,000 in February. Over the past year, manufacturing jobs increased 227,000.

Read more: http://abcnews.go.com/Business/wireStory/manufacturing-us-regions-grew-march-15927336#.T2JXB5hvljg

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Employment in manufacturing has exceeded overall jobs growth each year since June 2009.

[JDPriestly]

1. With his support of the auto industry, Obama sent the message

that the US welcomes manufacturers who are responsible especially with regard to energy and the environment.

[fasttense]

2. And yet our current Trade Deficit is at its highest in history

At $116 Billion, it's going to take a huge number of jobs to bring that number down to a manageable level.

http://www.americaneconomicalert.org/ticker_home.asp

[PassingFair]

3. One of my friend's husband, who has been unemployed for 2 years, picked up one of these "jobs"

Working NIGHTS, for $9.25/hour...no benefits, no over-time, no nothing.

He is 52...a lot of the work was lifting.

He quit after 2 weeks, luckily, he was hired as a nursing assistant in
a nursing home, he makes more money there and will get benefits.