Wednesday, April 2, 2008

Manufacturing Falls in March

Recent reports show a slight decline in the manufacturing sector of the country. A majority of data presented in the report stems from the automotive industry which has seen record drops in earnings due to the slow economy and the high price of gasoline. The Wall Street Journal published this article on the manufacturing slump.


[The nation's manufacturing activity shrank in March, but at a slower pace than in February, and construction spending fell for a fifth straight month.


The Institute for Supply Management reported Tuesday that its manufacturing index inched higher last month to 48.6 from 48.3 in February.] Read more...

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