Manufacturing Sector Grew in January
02/01/2010
New orders - a sign of future growth - increased to 65.9 in January, the highest level since 2004, from 64.8 in December. Current production jumped to 66.2 from 59.7, also to its peak since 2004. Backlogs of orders also grew.
Thirteen of 18 industries said they were expanding, led by the apparel, textile mills, and machinery sectors. Manufacturers have been increasing production to fill their customers' depleted stockpiles. Analysts hope this boost in production will help to drive the economic recovery.
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
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