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More Proof That American Manufacturing Is Making A Comeback

New orders for U.S.-made goods increased for a second straight month in January, suggesting the Manufacturing sector recovery was gaining momentum as rising prices for commodities spur demand for machinery. Factory goods orders rose 1.2 percent, the Commerce Department said on Monday after an unrevised 1.3 percent jump in December. Economists polled by Reuters had forecast factory orders advancing 1.0 percent in January. Factory orders were up 5.5 percent from a year ago. Total shipments of manufactured goods increased 0.2 percent after surging 2.5 percent in December. Manufacturing, which accounts for about 12 percent of the U.S. economy, is regaining its footing after being buffeted by lower oil prices, a strong dollar and an inventory overhang. The nascent recovery was...

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The post More Proof That American Manufacturing Is Making A Comeback appeared first on The Made in America Movement. The Made in America Movement is a conduit for change by uniting American voices and increasing American jobs.



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More Proof That American Manufacturing Is Making A Comeback

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