Factories Scaling Back Amid Economic Slide | WAMU 88.5 - American University Radio
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Factories Scaling Back Amid Economic Slide

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Manufacturing, seen as a recent bright spot in the economy, contracted in June. It was the first monthly downturn in three years. Analysts cited several factors for the surprising downturn, including recession in Europe and slower growth in China. A pullback in factory activity could spell trouble for the U.S. economy unless another key sector — construction — gains true momentum.
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