Two articles caught my attention this morning that I thought were worth mentioning. The first one cites a report by the Federal Reserve Bank in Philadelphia that shows manufacturing activity unexpectedly expanding in the Philly area for the first time in over a year. The second article focuses on how manufacturing is the unexpected bright spot in the US economy right now with encouraging signs in (surprise!) the automotive sector. While the signs are encouraging both articles cite substantial risks to a sustained uptick.
Very encouraging nonetheless…
By Jim Merry
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Created
August 21, 2009