Double-Dip Would Not Crush Manufacturing

If there is a double-dip recession, economists predict that it will be less painful for the manufacturing sector than the first.

From the article in the National Journal:

*Manufacturing may not shed many jobs. Manufacturing is being pulled along by exports, and the big sources of foreign demand in Asia, Brazil, and a few other hot spots remain fairly strong. Somewhat like housing, moreover, U.S. manufacturing employment had been knocked down so far that it is actually poised to keep adding jobs. U.S. factories actually added 24,000 jobs in July.

Read more here.

– The Editors