Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (40066)	10/23/2003 2:00:26 PM
From: AC Flyer	Read Replies (1) of 74559

and yet... >>between 1995 and 2002 roughly 22 million (manufacturing) jobs were lost globally, a decline of 11%. Yet over the same period, global industrial production jumped more than 30% - a remarkable gain in productivity. Losses in the US of 2 million jobs over the same period matched the global average of 11%.<< alliancecapital.com Welcome to the end of the beginning of the global post-industrial economy.

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