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
Huber Engineered Woods Plans Shuqualak, Mississippi, Manufacturing Plant
06/09/2023
Gaffney Bakery Plans Gaffney, South Carolina, Frozen Bakery Products Plant
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Itron Establishes West Union, South Carolina, Center Of Excellence
06/09/2023
Devele Establishes Butte, Montana, Manufacturing Plant
06/09/2023
Manner Polymers Plans Mount Vernon, Illinois, Manufacturing Plant
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Purolite Establishes Landenberg, Pennsylvania, Global Biologics Division
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