WSJ on the Rise in Manufacturing Jobs: ‘U.S. Factories Buck Decline’

By January 19, 2011Economy, Trade

Wall Street Journal, James Hagerty, “U.S. Factories Buck Decline,” with the sub-headline, “Sector Creating More Jobs Than It’s Cutting; ‘Shining Star'”:

U.S. manufacturing, viewed as a lost cause by many Americans, has begun creating more jobs than it eliminates for the first time in more than a decade.

As the economy recovered and big companies began upgrading old factories or building new ones, the number of manufacturing jobs in the U.S. last year grew 1.2%, or 136,000, the first increase since 1997, government data show. That total will grow again this year, according to economists at IHS Global Insight and Moody’s Analytics.

Companies cited: Ford Motor Co., Whirlpool Corp., Caterpillar Inc., Dow Chemical Company.

Journal editors also interview Hagerty on the story, “Video: Manufacturing in the U.S. Makes a Comeback as More Jobs Are Created than Lost – News Hub.”

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