This is the first time that all of these sectors had positive orders in at least three months and is the first sign that a broad-based turnaround in the manufacturing sector may be beginning to form,
More Quotes from Jerry Jasinowski:
We expect that manufacturing will maintain a 6 percent rate of growth in 2004 and actually grow faster than the overall economy for the first time in four years.Jerry Jasinowski
This is the most optimistic manufacturing survey we've seen in some time.
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It is time for the administration to get tough with the Chinese.
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The case for lower interest rates is a strong one, ... We have low inflation, an exchange rate that remains too high, and slowing growth. Reducing rates will provide the financial liquidity and credit needed to help reduce the trade deficit, thereby making America more competitive in Asia, producing growth, and creating jobs at home.
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China and other developing countries remain a concern with respect to putting in place and maintaining adequate intellectual property rules.
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