U.S.: Manufacturing Is Finally Ready To Get Up Off The Floor
Now that the finance heads of the Group of Seven industrialized nations have pledged to promote "more balanced growth" in the world economy, U.S. manufacturers are undoubtedly hoping they will honor that commitment sooner rather than later. Despite booming demand at home, U.S. factories have been hampered for nearly two years by global weakness precipitated by the Asian crisis, reflected in sagging exports and ever-growing import competition.
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