Business Week reports that orders for long-lasting durable goods are down for the fourth time in five months. That news did not do Wall Street any favors. Meanwhile, things in China continue to appear cloudy, if not worse, for many manufacturers. China-based blogger Stan Abrams takes exception to some recent China bashing by one pro-Labor [...]
Industrial Week tells us orders in the manufacturing technology sector dropped slightly in June. The good news is, however, that thanks in large part to utilities and the auto makers, industral orders overall in the U.S. rose for the month. Here’s another reason why, as a rule, Chinese manufacturers remain a full generation behind their U.S. counterparts [...]
As anyone who has read this blog the past few years will attest, I’m not a big fan of presidential election season. During a presidential campaign what little time and space we normally provide for honest an open debate in this country about things that matter get seemingly squeezed into nothingness by our suddenly all-consuming [...]
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