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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (12535)	6/3/2002 4:38:51 PM
From: Jack of All Trades	Respond to of 19219

RE mfg in US. I my industry (printed circuits) shops are still closing, so mfg'ing of printed circuits will come back little if any. This has been the case since the 80's when there were over 1500 shops in North America, now <700 and my guess will endup around 500 before the next cycle. When a company can build a state of the art facility in china in 6mths and produce boards for 60% less, it makes no sense to try and start things back up here... IMO My company is moving torward the assembly side of the business, as this seems more likely to survive for a longer time...

To: SGJ who wrote (12535)	6/3/2002 4:44:36 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 19219

<<American manufacturing output as a percentage of total GDP is at its lowest percentage ever and falling. That's the downside of globalism, free trade and corporate wanderlust>> Excellent point, qcoman! Manufacturing has been leaving the U.S. for overseas locales in droves for the last 10 years, and it ain't coming back. That's one of the big reasons the administration keeps hyping a strong dollar. A weaker dollar benefits the US much less than it would have even 5 years ago in terms of stimulating GDP growth, and it will have a greater impact than ever with respect to increasing ("importing") inflation.