Manufacturing appears to be on the rise and that is a good thing. It is important to return advanced manufacturing back to the US to ensure jobs for the future and long-term prospects of economic health. While unemployment is low, it is possible that new technology and human capital development can lead to parallel growth if matched at the right relative time in their developmental trends (Think of where developmental lines interject to determine opportunities.). More manufacturing means better middle class jobs and more economic stability.
A few key highlights from January US ISM Manufacturing PMI
-Demand and production improved.
-Employment expanded
-Growth industries were Textile Mills; Primary Metals; Petroleum & Coal Products; Chemical Products; Machinery; Transportation Equipment; Plastics & Rubber Products; and Electrical Equipment, Appliances & Components.
-Further growth may impact prices.
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