NY Manufacturing Driving Business Sector in Recovery
03/15/2010
The trend, notes the report, indicates that the factory industry is remaining stable and may be leading the country's economy out of the worst recession in history.
Business spend increased in February due to an increasing demand for communications and computer equipment. Federal statistics have reported production at mines, utilities and factory having gained a .1 percent increase.
According to Bloomberg, factories added 1,000 workers to payrolls in February, according to Labor Department data and reflect the first back-to-back gain since 2006.
A Bloomberg survey predicts the U.S. economy will grow at an average 2.75 percent annual rate in the first six months of the year.
Project Announcements
Beauty Manufacturing Solutions Expands Fort Worth, Texas, Facility
12/02/2022
Granules Establishes Prince William County, Virginia, Pharmaceutical Packaging Complex
12/02/2022
FrameTec Starts Establishes Camp Verde, Arizona, Manufacturing Complex
12/02/2022
GKN Aerospace Relocates-Plans Fort Worth, Texas, Manufacturing Center
12/02/2022
FUJIFILM Establishes Research Triangle Park, North Carolina, Manufacturing Complex
12/01/2022
France-Based NOVAIR USA Expands North Tonawanda, New York, Manufacturing Center
11/30/2022
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