“There are only two kinds of people who are really fascinating — people who know absolutely everything, and people who know absolutely nothing” — Oscar Wilde, Irish playwright and author. * Durable goods manufacturing, as a percentage of total economic activity, is “at or near pre-recession levels for each Seventh District state,” says the Federal […]
Federal Reserve Bank of Chicago
Posted inBusiness Watch
Pulse quickens in Mich. manufacturing
It looked like the end of the millennium would also be the end of Michigan manufacturing. The state lost 47 percent of its manufacturing employment, nearly 423,000 jobs, between 2000 and 2010 as the U.S. auto industry went into a frightening decline. But like a patient who surprisingly wakes up from a years-long coma, manufacturing […]