6.2.09

Σμίκρυνση βιομηχανίας ΗΠΑ

  • Only about 12.7 million workers are employed by U.S. manufacturers, the fewest since February 1946. While this structural downtrend in manufacturing employment is likely to continue even after the recession ends, the steep job cuts accompanied by reductions in hours and overtime, indicate manufacturers are wasting no time cutting production in response to the sharp drop in total demand. That sort of adaptation makes it more likely that the overhang of inventories can be drawn down more quickly leaving the economy better poised to boost production if and when demand begins to improve. David Resler, Nomura Securities
  • No comments: