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
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
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