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What is New in US Manufacturing

Written By: Courtney Moore

For many Americans, the recession of 2007-2009 is hardly a distant memory. Economists across the country closely monitor the manufacturing industry as an indicator to economic balance. In order for Americans to achieve any type of stability, the economy must grow. The big question is what's new in U.S. Manufacturing that reflects economic growth and stability?

ABC News released a December 2013 report indicating that Americans may have reason to be optimistic. Evidence indicates that "U.S manufacturing grew in November at the fastest pace in 2.5 years." Factories all over the United States are increasing the amount of workers and boosting production.

The Institute for Supply Management (ISM) made a statement in early December announcing that its manufacturing index hit its highest level in November 2013, since April 2011. In the manufacturing industry, a rating above 50 is a signal of growth. In the last six months, the industry has shown remarkable improvement, rising from 56.4 to a 57.3.

Despite the government shutdown of October 2013, some believe the amount of growth is a positive sign that the economy is improving. According to an article released by CNBC in association with Reuters, the employment index also achieved its highest level since, April 2012, increasing from 53.2 to 56.2. This report indicates that manufacturing is currently enjoying a "10-month high."

Other information to consider:

  • October construction spending increased due to a 3.9 percent boost in public construction projects.
  • Recently, both federal and state governments have increased their financial support to the construction industry; the largest amount since February of 2009.
  • To read more of CNBC-Reuter's Report visit:

Evidence suggests that the economy is slowly improving. Manufacturing is leading the way with new and innovative processes to improve our lives. The increase in construction indicates that America is coming out of its slump and is preparing to lead other segments of business into a more promising future.


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