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02 Jun
17:29

US manufacturing trails Europe says analyst at BIR

The US manufacturing sector may be recovering, but is not keeping up with that in Europe, said Jason Schenker of US consultancy Prestige Economics in a presentation to the BIR Recycling Convention in Berlin. For one thing, manufacturing figures in the USA are heavily based on car production, which last year saw one million extra units sold, Kallanish notes. “The moment that you take cars out, production is below the level of 2007 or even 2001,” …
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