Pantheon Macroeconomics - The economy is bifurcating. Manufacturing is weak, and likely will remain so for some time, though talk of recession in the sector is overdone. Even more overdone is the idea that the softness of the industrial sector will somehow drag down the rest of the economy, which is more than seven times bigger.

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21 Sept. 2015 Don't Focus on Industry - The U.S. is a Domestic Services Economy

By Ian Shepherdson

The economy is bifurcating. Manufacturing is weak, and likely will remain so for some time, though talk of recession in the sector is overdone. Even more overdone is the idea that the softness of the industrial sector will somehow drag down the rest of the economy, which is more than seven times bigger.

Posted: 21st Sep 2015 in 'U.S. Documents'

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