Archive for the “Make in U.S.A” Category

Mar 14 2009

America’s vanishing cars

Posted by doris in Cars, Company, Economy, Make in U.S.A, Manufacturing

Full Story At money.cnn.com

NEW YORK (CNNMoney.com) — In another sign of just how far the U.S. auto industry has fallen, this is likely to be the first year since 1945 when the number of new cars bought will be less than the number of cars turned in to the junk yard.

Auto industry research firm R.L. Polk is forecasting a drop in total auto registrations for the first time since car plants were busy turning out tanks for World War II. This time it’s economic distress and tight credit keeping purchases down.

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Feb 17 2009

‘Made in the U.S.A.’ isn’t dead, just different

Posted by doris in Business, Jobs, Make in U.S.A, Manufacturing, Money

Full Story At msnbc.com

WASHINGTON – It may seem like the country that used to make everything is on the brink of making nothing.

In January, 207,000 U.S. manufacturing jobs vanished in the largest one-month drop since October 1982. Factory activity is hovering at a 28-year low. Even before the recession, plants were hemorrhaging work to foreign competitors with cheap labor. And some companies were moving production overseas.

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