Durable goods will continue to lead the manufacturing expansion in 2006. The United States economy is bumping up against capacity constraints in many sectors and businesses, particularly non-manufacturing businesses, are stepping up investment spending. |
Manufacturing is growing but the pace of growth has decelerated. The outlook for manufacturing production in 2006 is for moderate growth. |
Overall, it's going to be a moderate growth year, starting out with a bang and then weakening toward the end of the year. |
The back-to-back hurricanes in the Gulf Coast region within a three-week time span hit the country in the most vulnerable spot -- our carbon fuel supply. |
The important aerospace industry is expanding again and overall manufacturing activity is growing, but the pace of growth in manufacturing is overstated in the durable goods report. |
While the general economy was relatively flat in the fourth quarter of last year as measured by the gross domestic product, manufacturing production grew at an exceptionally strong 9 percent annual rate. |