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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] American manufacturing
  • Date: Sun, 20 Apr 2008 23:30:05 -0500

More news on manufacturing, this time current. This is an excerpt from the article:

Nearly half of the manufacturing industry's 73 subsectors were expanding through February, according to the National Association of Manufacturers. Manufacturing output rose 1.8 percent in 2007 and is forecast to climb to 1.5 percent in 2008 as continued export strength cushions the blow of slumping home and automobile sales, said David Huether, NAM's chief economist.

From:
Despite export boom, manufacturers cautious
Business is good, but fears about American economy tempers hiring
Associated Press
updated 5:03 p.m. CT, Sun., April. 20, 2008

http://www.msnbc.msn.com/id/24228442/
From Clansgian AT wmconnect.com Mon Apr 21 07:26:07 2008
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More news on manufacturing, this time current. This is an excerpt from the article:

First, of course, the info in the article is equally interesting and useless. As Lynda pointed out, not only are insurance policy writers and mortage issuers now considered manufaturers, but burger flippers at McDonalds are also counted as employed in manufacturing.

And even at that:

"However, when you compare March of 2007 to March 2006, you find two disturbing trends. ......
(2) Manufacturing jobs have been steadily declining since last October.This means that, in March, there were .8% fewer manufacturing jobs than the year before."
http://tinyurl.com/3ulvvc

"Hiring in the manufacturing sector will decline sharply in April 2008 compared with one year ago according to the latest numbers from the SHRM/Rutgers Leading Indicators of National Employment (LINE)." "
The March 2008 vacancy rate index of nonexempt manufacturing jobs is substantially lower than it was inMarch 2007 -- 10.5 compared with 16.2. The April 2008 LINE recruiting difficulty index plunged fromMarch 2007 -- 24.2 in March 2007 compared with 3.4 in March 2008. The recruiting difficulty index is at its lowest level since tracking beganin 2004."
[ie if recruiting is easier, there are more people out of work]
http://www.industryweek.com/ReadArticle.aspx?ArticleID=16029

As usual, dozens more. </HTML>




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