Rise in manufacturing could bring hope to the economy
by James J. Siegel
January 7, 2010
Finally some good news. According to the
L.A. Times, manufacturing growth grew for the fifth month in a row since
August. In December, the manufacturing index was at 55.9 percent in the United States. So
what does it all mean?
We can only hope that this is the
beginning of better days for the economy. If the manufacturing sector is on the
rise, it also means that demand for goods is also on the rise. Perhaps
companies are finally ready to make some purchases. And with all of the money
flowing back to the manufacturers, hopefully more jobs will
follow.
This article in the L.A. Times got me thinking about
recent purchases made by sheet metal companies. Perhaps the sheet metal industry
is helping the manufacturing sector by purchasing new cutting machines. Have
you invested in any new machines for your sheet metal shop? Is the money
starting to flow in so that you can add new equipment?
Let
us know if you’ve been able to make any new purchases lately and how they are
benefitting your bottom line.
|