CEP: Chem Economics - Manufacturing Renaissance Takes Hold in the U.S.

October
2012

Many living in the Rust Belt — the northeastern region of the U.S. that experienced significant de-industrialization during the 1970s through the 2000s — got an up-close look at the decline in manufacturing in the U.S. In the wake of the Great Recession, however, this is changing, with manufacturing leading the recovery and expansion in the U.S. Since 2009, manufacturing production has increased 19% — well above the 7% gain for the overall manufacturing in the U.S. In the wake of the Great Recession, however, this is changing, with manufacturing leading the recovery and expansion in the U.S. Since 2009, manufacturing production has increased 19% — well above the 7% gain for the overall
 

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