Growth In The U.S. Manufacturing Sector Won't Lead The U.S. Economy Out Of The Doldrums, S&P Report Says Sep 11
- ID: 1886130
- September 2011
- Region: United States
- Standard & Poors
NEW YORK (Standard & Poor's) Sept. 13, 2011--U.S. manufacturers remain more likely to benefit from an economic recovery than fuel one, according to Standard & Poor's Ratings Services in an article published earlier today. The U.S. economic recovery, though weak, has been enough to stoke demand for manufacturers. Still, this progress in the manufacturing sector doesn't portend much improvement in the domestic economic recovery, Standard & Poor's credit analyst Dan Picciotto said in the article, titled "Growth In The U.S. Manufacturing Sector Won't Lead The U.S. Economy Out Of The Doldrums," on RatingsDirect on the Global Credit Portal. One reason is that manufacturing represents a much smaller share of economic activity and jobs than it did in decades past. "Domestic...
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