DailyMarkets.com - U.S. Manufacturing Is Open For Business And Doing Well; Despite, Not Because Of, Government Policy

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U.S. Manufacturing Is Open For Business And Doing Well; Despite, Not Because Of, Government Policy Posted: 18 Feb 2012 09:02 AM PST From today’s WSJ: “Manufacturing is not the basket case of political lore, and America really is still “making things.” There’s another, subtler myth too—that this industrial decline is inevitable, by economic determinism or business mistakes. That’s some of it, but the truth is that America would probably be making many more things if not for bad but deliberate political choices. The manufacturing crisis, if that’s the word, has been jobs. Industry employed one of three workers after the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: Drill, Drill, Drill = Jobs, Jobs, Jobs Posted: 18 Feb 2012 07:43 AM PST While the overall economy struggles to create jobs during another “jobless recovery,” it’s been a much rosier employment picture in one of America’s most successful “shovel-ready” job-creating industries: Oil and Gas Extraction. The chart above displays the monthly percentage changes in employment levels since January 2007 for oil and gas extraction jobs compared to total nonfarm payroll jobs.  As of January 2012, payroll employment is 3.3%, and 4.7 million jobs, below the month of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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