Real shipments down 22% from peak fourth quarter 07 to second quarter 09
as of first quarter 11
15% below peak
that shows the old trend is not reversed eh ???
no surprise Over the past year, aggregate hours in the private sectorup 2.3%,
aggregate hours in manufacturing up 2.9%.
feel the .6% difference ?????
on the other hand
this is the era of de industrialization and looking back over the ea's cycles --after the big pop
of the early 80's
ie
the rebound of reagan morning in america
