Halftime in America? David Stockman Doesn’t Buy Auto Recovery Story
February 06 — More than three years after it took a hard fall, there are signs that America's industrial economy is getting back on its feet and regaining a bit of its lost swagger. New orders at factories rose smartly in December, and were up 12.1 percent in 2011 from 2010 (see Table 2). Last Friday's employment report showed that the manufacturing sector added 50,000 jobs in January, and has added 235,000 positions in the past 12 months. Read more and watch the video.
