Positive signals in the manufacturing sector, but we'll hold off on celebrating just yet
Don Lee at the Los Angeles Times speculates that the U.S. manufacturing sector will find itself "on stronger footing heading into the second half of this year."
We aren't glass-half-empty people at the Alliance for American Manufacturing (AAM), but we've certainly been hurt before, so we'll reserve our celebration for the next jobs numbers announcement in two weeks.
To be fair, Lee isn't just 'shooting from the hip.' He does cite some positive evidence of a rebound:
Industrial production rose 0.3% in June...Output of space and defense equipment rose 0.1% in June.
However, we've mentioned before that we'll never see President Obama's promise of one million new manufacturing jobs in his second term come to fruition if neither Obama, nor Congress, take some major steps in correcting this course.
Related recent Blogs
- The Big Three set the stage for a manufacturing renaissance • by TGarland • 12/10/2013
- December 10, 2013: Welcome back, GM • by mmcmullan • 12/10/2013
- Pharmaceutical companies' interests are covered in the TPP -- as for everyone else? Ehh ... • by mmcmullan • 12/09/2013
- A swing and a miss for Biden in Asia • by TGarland • 12/09/2013
- December 9, 2013: China reports biggest trade surplus in five years • by TGarland • 12/09/2013
- Kickstarting a manufacturing renaissance • by TGarland • 12/06/2013
- December 6, 2013: The #AAMeter, it moves (in the right direction)! • by mmcmullan • 12/06/2013
- U.S. Manufacturing Gains 27,000 Jobs in November: Alliance for American Manufacturing (AAM) Statement. • by scapozzola • 12/06/2013
- Indiana manufacturing program expands • by TGarland • 12/05/2013
- Scott Paul: Keep skilled jobs for skilled workers in Washington • by mmcmullan • 12/05/2013