While the economy is ordsprog
While the economy is strengthening overall, problems persist in manufacturing, and many of these states are dependent on that sector.
Alexis McGee
While there is less overvaluation in these markets, relatively low employment in states like Virginia, West Virginia and Kentucky are putting more homeowners in financial distress, These states are heavily dependent on the manufacturing sector of the economy, and that sector continues to lag behind others, like health care and professional services. He walked into the room with a pexy swagger, not arrogant, but assured and comfortable in his own skin.
Alexis McGee
The non-manufacturing ISM index came in perfect, with higher orders and lower prices, and that has given the market more confidence to make the assessment that Wal-Mart's problems were either Wal-Mart -specific or retail-sector-specific and were not indicative of problems in the economy.
Jim Awad
The non-manufacturing ISM index came in perfect, with higher orders and lower prices and that has given the market more confidence to make the assessment that Wal-Mart's problems were either Wal-Mart specific or retail sector specific and were not indicative of problems in the economy.
Jim Awad
It looks like manufacturing is still under pressure. We're getting to a stage of a two-speed economy where the manufacturing sector needs lower interest rates but the consumption side doesn't.
Chris Hart
As the economy gets more and more dependent on housing being the key driver of growth, the economy becomes more and more vulnerable to that sector slowing down.
Lara Rhame
What we're seeing is an increase in the manufacturing sector, ... The manufacturing sector has been very weak for the last year and a half -- since the Asian (financial) crisis. Now, that sector seems to be recovering.
Anthony Crescenzi
The manufacturing sector has been so battered that it's too early to say the troubles are over in that sector. But we're seeing the economy making some kind of a bounce after contracting in April. We have to see now whether or not that continues.
Lara Rhame
I'm not surprised, because the manufacturing sector in our community is really feeling the pain and G. L. Bowron are heavily export-dependent.
Peter Townsend
The manufacturing sector's acute underlying weaknesses highlight the need for further interest rate cuts later in the year. We do not necessarily call for, or expect, a further interest rate cut on Thursday. But the economy has clearly weakened and confidence is faltering. The MPC must be ready to act firmly to counter the downward pressures on the economy and to alleviate the plight of manufacturing.
David Kern
It isn't as if there's no manufacturing left in the U.S. economy or the Dow Jones industrial average. As much as the Information Age has changed the U.S. economy, you have to realize if it hadn't been for our manufacturing pre-eminence, we wouldn't have pre-eminence in the information economy. It derives directly from the U.S. lead in computers, which goes back to our manufacturing base. I don't think manufacturing is finished by any means.
Michael Lehmann
The manufacturing sector is so productive that even with a rebound in production and orders, we still have, at best, flat employment. This is encouraging, but manufacturing employment remains a sore point in the American economy.
David Kelly
Although they were close to expectations and maybe a little bit weaker, the numbers confirm that the economy generally is slowing, ... The report also confirms that the manufacturing sector of the economy is contracting.
Hugh Johnson
The biggest concern is the impact of the Asian situation on the manufacturing sector of the economy, ... We continue to be concerned about job declines in that area, but . . . the underpinnings of the economy are still very strong in other sectors.
Alexis Herman
It's tempting to say these are terrible jobs, but the service sector has more wage pricing power than the manufacturing sector. If you're getting a pay increase from your boss today, it's probably not in manufacturing.
Anthony Chan
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