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WASHINGTON (AP) â U.S. factories stepped up hiring and production in March, the latest evidence that manufacturing is growing at a healthy pace and fueling the recovery.
The Institute for Supply Management, a trade group of purchasing managers, said Monday that its index of manufacturing activity rose to 53.4 in March. That's up from 52.4 in the previous month. Readings above 50 indicate the sector is expanding.
A measure of employment in the sector rose to a nine-month high, a sign that factories are stepping up hiring. Manufacturers are already a big source of job gains. They've added more than 100,000 jobs in the past three months, about one-seventh of all net gains.
Increasingly confident U.S. consumers and businesses are spending more on cars, machinery and other goods, pushing up factory output. A gauge of production rose to its highest level in three months in March.
Consumers increased their spending in February by the most in seven months, the government said Friday. That is raising expectations the economy will grow a bit faster in the current quarter.
Consumer spending on long-lasting goods, such as cars and computers, rose 1.6 percent in February. That suggests manufacturers will have to increase output to meet higher demand.
Businesses also ordered more durable goods in February, after a steep drop the previous month, a separate report last week showed. Durable goods are meant to last at least three years. Greater demand for machinery, computers, autos and aircraft drove the increase.
Orders for so-called "core" capital goods, a key measure of business investment plans, also rose. They had fallen in January by the most in a year, after an investment tax credit expired.
Manufacturing has been a key source of economic growth since the recession ended in June 2009. The sector has expanded for 32 straight months, according to the ISM's index.
A recovery in auto sales has been a big reason for the strength in manufacturing. Americans delayed auto purchases during the recession, pushing the average age of U.S. cars to record highs. That led to sharp increases in car sales as the economy recovered.
More auto manufacturing boosts output in an array of industries, including steel, tire makers, and other parts suppliers.
Rising factory output is helping the broader economy grow. Growth increased to a 3 percent annual rate in the final three months of last year, up from 1.8 percent in the previous quarter.
Many economists expect growth will slow in the current quarter because companies aren't likely to restock their shelves as much as they did in the fourth quarter. But after Friday's report on consumer spending, some analysts are boosting their estimates for growth in the January-March quarter to 2.5 percent, from 2 percent.
http://news.yahoo.com/us-manufacturing-grows-output-employment-rise-141653444.html
Answer
GM, Ford, Chrysler, Honda and Toyota are opening up new plants in the USA.
Hiring American workers.
OBAAM 2012
GM, Ford, Chrysler, Honda and Toyota are opening up new plants in the USA.
Hiring American workers.
OBAAM 2012
How long will we have to hear right wing fake news networks say the Boston bombing was Obamas fault....?
Smoking Jo
.....Because they are so unbiased, right?
Answer
Using their logic if Obama was responsible for that then he was also responsible for the following:
2009 May 20: 2009 New York City bomb plot Three U.S. citizens and one Haitian from Newburgh, New York were arrested in a plot to bomb a Riverdale Temple and a Riverdale Jewish Center in The Bronx, New York City in an alleged homegrown terrorist plot. It was also alleged that they planned to shoot down military planes operating out of Stewart Air National Guard Base also in Newburgh.
2009 September Najibullah Zazi of Denver was indicted on charges of trying to build and detonate a weapon of mass destruction. He and two others allegedly planned to detonate the homemade explosives on the New York City subway system.
2009 August â September: On September 24 William Boyd and Hysen Sherifi charged with conducting reconnaissance of the Marine Corps base at Quantico, Virginia and obtaining armor-piercing ammunition with the intent to attack Americans.
2009 September 24: Michael Finton/Talib Islam a 29 year old man from Illinois charged with trying to kill federal employees by detonating a car bomb at the federal building in Springfield, Illinois.
2009 September 24: Hosam Maher Husein Smadi a 19 year old illegal immigrant from Jordan charged with trying the bomb the 60 story Fountain Place office tower in Dallas, Texas.
2010 January 7 Adis Medunjanin an alleged 2009 NYC Subway plotter attempts a suicide attack by intentionally crashing his car on the Whitestone Bridge in New York City. Medunjanin has since been charged for his role in an Al Qaeda plot to conduct coordinated suicide bombings on New York's subway system.
2010 September 20: Sami Samir Hassoun, 22, a Lebanese citizen living in Chicago, was charged with one count each of attempted use of a weapon of mass destruction and attempted use of an explosive device after placing a backpack with what he thought was a bomb near Wrigley Field.
2010 October 27: Farooque Ahmed, 34, a naturalized U.S. citizen indicted for conspiracy to bomb 4 Washington Metro stations.
2010 November 26: Mohamed Osman Mohamud a 19-year-old Somali-American is alleged to have attempted a car bombing at a Christmas tree lighting ceremony in Portland, Oregon. On January 31, 2013 a jury found Mohamud guilty of the charge of trying to use a weapon of mass destruction.
2010 December 8: Antonio Martinez, also known as Muhammad Hussain arrested after a sting operation in an alleged plot to bomb a military recruiting center in Catonsville, Maryland.
2011 February 24: Khalid Ali-M Aldawsari a 20 year old Saudi Arabian student arrested for building bombs to use in alleged terrorist attacks. Targets allegedly were home of George W. Bush, hydroelectric dams, nuclear power plants, nightclubs and the homes of soldiers who were formerly stationed at the Abu Ghraib prison.
2011 June 23: Abu Khalid Abdul-Latif and Walli Mujahidh of Long Beach, California are arrested on charges of buying machine guns and grenades and conspiring to attack a federal building housing a Military Entrance Processing Station in Seattle, Washington
2011 September 28: Rezwan Ferdaus, a US citizen,was indicted for allegedly plotting to use remote-controlled aircraft carrying explosives to bomb the Pentagon and the US Capitol. He also allegedly planned to hire people to shoot at people fleeing the Pentagon. In July 2012 he pleaded guilty to plotting an attack on the Pentagon and U.S. Capitol and attempting to provide material support to terrorists. .
2012 January 7: Sami Osmakac a naturalized American from Kosovo arrested in plot to create mayhem in Tampa, Florida by car bombing, hostage taking and exploding a suicide belt. Allege bomb targets included by night clubs in the Ybor City, a bar, and the operations center of the sheriff's office and South Tampa businesses. Osmakac allegedly told an FBI undercover agent "We all have to die, so why not die the Islamic way?"
2012 February 17: Amine El Khalifi a Moroccan man from Alexandria, Virginia arrested in alleged suicide bombing plot of U.S. Capital. Was arrested was a result of F.B.I. sting operation. As a result of a plea agreement El Khalifi was sentenced to 30 years in prison on September 14.
2012 August 27: Pvt. Isaac Aguigui, Sgt. Anthony Peden, and Pvt. Christopher Salmon three non-commissioned officers from Fort Stewart in Georgia charged in alleged plot to seize control of Fort Stewart, and blow up a dam. The alleged plot was on behalf of the "FEAR" militia for the long term purpose of overthrowing the government.
2012 October 17: Mohammad Rezwanul Ahsan Nafis age 21 arrested in plot to bomb the Manhattan office of the Federal Reserve Bank. Suspect was pulling detonator on disabled 1000 pound van bomb when arrested.
Using their logic if Obama was responsible for that then he was also responsible for the following:
2009 May 20: 2009 New York City bomb plot Three U.S. citizens and one Haitian from Newburgh, New York were arrested in a plot to bomb a Riverdale Temple and a Riverdale Jewish Center in The Bronx, New York City in an alleged homegrown terrorist plot. It was also alleged that they planned to shoot down military planes operating out of Stewart Air National Guard Base also in Newburgh.
2009 September Najibullah Zazi of Denver was indicted on charges of trying to build and detonate a weapon of mass destruction. He and two others allegedly planned to detonate the homemade explosives on the New York City subway system.
2009 August â September: On September 24 William Boyd and Hysen Sherifi charged with conducting reconnaissance of the Marine Corps base at Quantico, Virginia and obtaining armor-piercing ammunition with the intent to attack Americans.
2009 September 24: Michael Finton/Talib Islam a 29 year old man from Illinois charged with trying to kill federal employees by detonating a car bomb at the federal building in Springfield, Illinois.
2009 September 24: Hosam Maher Husein Smadi a 19 year old illegal immigrant from Jordan charged with trying the bomb the 60 story Fountain Place office tower in Dallas, Texas.
2010 January 7 Adis Medunjanin an alleged 2009 NYC Subway plotter attempts a suicide attack by intentionally crashing his car on the Whitestone Bridge in New York City. Medunjanin has since been charged for his role in an Al Qaeda plot to conduct coordinated suicide bombings on New York's subway system.
2010 September 20: Sami Samir Hassoun, 22, a Lebanese citizen living in Chicago, was charged with one count each of attempted use of a weapon of mass destruction and attempted use of an explosive device after placing a backpack with what he thought was a bomb near Wrigley Field.
2010 October 27: Farooque Ahmed, 34, a naturalized U.S. citizen indicted for conspiracy to bomb 4 Washington Metro stations.
2010 November 26: Mohamed Osman Mohamud a 19-year-old Somali-American is alleged to have attempted a car bombing at a Christmas tree lighting ceremony in Portland, Oregon. On January 31, 2013 a jury found Mohamud guilty of the charge of trying to use a weapon of mass destruction.
2010 December 8: Antonio Martinez, also known as Muhammad Hussain arrested after a sting operation in an alleged plot to bomb a military recruiting center in Catonsville, Maryland.
2011 February 24: Khalid Ali-M Aldawsari a 20 year old Saudi Arabian student arrested for building bombs to use in alleged terrorist attacks. Targets allegedly were home of George W. Bush, hydroelectric dams, nuclear power plants, nightclubs and the homes of soldiers who were formerly stationed at the Abu Ghraib prison.
2011 June 23: Abu Khalid Abdul-Latif and Walli Mujahidh of Long Beach, California are arrested on charges of buying machine guns and grenades and conspiring to attack a federal building housing a Military Entrance Processing Station in Seattle, Washington
2011 September 28: Rezwan Ferdaus, a US citizen,was indicted for allegedly plotting to use remote-controlled aircraft carrying explosives to bomb the Pentagon and the US Capitol. He also allegedly planned to hire people to shoot at people fleeing the Pentagon. In July 2012 he pleaded guilty to plotting an attack on the Pentagon and U.S. Capitol and attempting to provide material support to terrorists. .
2012 January 7: Sami Osmakac a naturalized American from Kosovo arrested in plot to create mayhem in Tampa, Florida by car bombing, hostage taking and exploding a suicide belt. Allege bomb targets included by night clubs in the Ybor City, a bar, and the operations center of the sheriff's office and South Tampa businesses. Osmakac allegedly told an FBI undercover agent "We all have to die, so why not die the Islamic way?"
2012 February 17: Amine El Khalifi a Moroccan man from Alexandria, Virginia arrested in alleged suicide bombing plot of U.S. Capital. Was arrested was a result of F.B.I. sting operation. As a result of a plea agreement El Khalifi was sentenced to 30 years in prison on September 14.
2012 August 27: Pvt. Isaac Aguigui, Sgt. Anthony Peden, and Pvt. Christopher Salmon three non-commissioned officers from Fort Stewart in Georgia charged in alleged plot to seize control of Fort Stewart, and blow up a dam. The alleged plot was on behalf of the "FEAR" militia for the long term purpose of overthrowing the government.
2012 October 17: Mohammad Rezwanul Ahsan Nafis age 21 arrested in plot to bomb the Manhattan office of the Federal Reserve Bank. Suspect was pulling detonator on disabled 1000 pound van bomb when arrested.
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