NAM: Manufacturing is Struggling, But Not in Recession

April 2008
Metal Center News;Apr2008, Vol. 48 Issue 5, p55
Trade Publication
The article focuses on the report given by the Federal Reserve Board (FRB) which highlights the condition of the industrial production in the U.S. in February 2008. The report shows a 0.5% decrease in the industrial production and 0.3% decline in the manufacturing sector. Further, David Huether, chief economist of the National Association of Manufacturers (NAM), cites the impact of housing downturn in the performance of manufacturing industries.


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