U.S. Manufacturing Still Strong

From The Wall Street Journal:

"Contrary to the view out there that American manufacturing is dead or dying, [production] is growing at a pretty good clip," says Joseph Carson, director of global economic research with Alliance Capital Management LP in New York.

... Two larger trends are at play in the increases. The first is continued productivity gains in the manufacturing sector, which means factories are producing more products with fewer workers. The other is a growing global economy, which allows U.S. producers to expand production even as upstart factories in places like China and Mexico build up market share.

Read the whole article here.