Sawdust Soup

There is finally some positive news to report about manufacturing and the recovery. According to a report from the Federal Reserve in the Philadelphia area, there are robust signs of improvement in the manufacturing sector, include boosts in shipments and dramatically increased hiring. This is all part of what the Fed calls the Business Outlook Survey. The part of the report covering manufacturing showed a key index had increased from 19.3 in January to 35.9 in February, which was described as the highest gain since 2004. One economist translated that as meaning the "recovery is really taking hold." Read more here.

Views: 1

Tags: Business_Outlook_Survey, economy, federal_reserve, manufacturing, recovery

Comment

You need to be a member of Sawdust Soup to add comments!

Join Sawdust Soup

Comment by Melissa on February 22, 2011 at 4:06pm
Yes, I have seen many reports with positive outlooks for manufacturing in the coming years. Thanks for sharing!

Help Us Grow!

Please INVITE your co-workers and other woodworkers to join your network.

Connect to us!

Get the latest news on Twitter.
Never miss an update, become a fan on Facebook.
Watch CabinetMakerFDM videos on YouTube.
Download the Sawdust Soup Smart Phone App.

Members

Videos

  • Add Videos
  • View All

Events

© 2014   Created by Watt.

Badges  |  Report an Issue  |  Terms of Service