Blog posts tagged with Economic-Issues

Things are looking up for Northern Ohio manufacturers

March 04, 2011 by MAGNET Ohio

Today I toured a manufacturing facility that is on a solid growth trajectory.  The company has hired twenty people in the last quarter without any difficulty.  People are anxious to get back to work.  The plant manager has been feeling very confident about the economy since the 3rd quarter of last year. In the meantime, the stock market has rebounded—although lately it’s been a roller coaster. The unemployment rate is coming down.  Meanwhile, the price of gasoline is higher every day. Some folks anticipate a widespread but weak recovery.  While others are bracing themselves for a double dip recession. I’m with the group that’s envisioning a widespread, if sluggish, recovery.  What indicators are you tracking?  Are you hunkered down for a double dip or betting on the recovery? Comment below or email me at fatima.weathers@magnetwork.org. We’re interested to hear how this recovery is affecting your manufacturing company!

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