Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
U.S. manufacturing jobs at risk as demand slows
Page 1 of 1
U.S. manufacturing jobs at risk as demand slows
http://www.reuters.com/article/2011/10/31/us-usa-manufacturers-outlook-idUSTRE79U6XI20111031?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/topNews+%28News+/+US+/+Top+News%29Nagging high unemployment in the United States, which held steady at 9.1 percent in September, has depleted spendable income. Concerns about the country's economic future have further depressed consumer sentiment.
And just as repercussions from Whirlpool's actions can spread across an Arkansas town, analysts have said investors should brace for weakness to spread to other manufacturers in the United States.
So far this earnings season, a number of manufacturers that rely on consumer demand, like Whirlpool, air conditioner maker Ingersoll Rand Plc and 3M Co, which makes components for LCD televisions, have cut their financial forecasts.
Makers of highly engineered industrial equipment, such as United Technologies Corp, Boeing Co and Caterpillar Inc, have fared better because of demand from markets like China, India and Russia. But now, even those economies are slowing down.
Guest- Guest
Re: U.S. manufacturing jobs at risk as demand slows
This should come as no surprise. People do not have extra money for big ticket items like that. As this depression continues more and more manufacturers will be forced to cut more jobs.
This is another reason why extending unemployment benefits is a MUST. Failure to do so would ultimately lead to our demise.
This is another reason why extending unemployment benefits is a MUST. Failure to do so would ultimately lead to our demise.
Re: U.S. manufacturing jobs at risk as demand slows
I fail to see why they refuse to listen to the economists and all reporting agencies when it comes to the unemployed and the 99ers and the effect it has on spending and consumer confidence. It's been three years and they still don't get it. They won't even listen to the polls telling them people want the American Jobs Act, Smaller Banks, more oversight, most importantly JOBS.
They refuse to see the occupy movement for what it is, and I hope they are not shocked when those whose seats are up in the next election are booted. I really believe, regardless of polling, this isn't going to be about making the President a one term President, it's going to be about incumbents. And they will all be shocked! as usual, because they didn't see it coming.
They refuse to see the occupy movement for what it is, and I hope they are not shocked when those whose seats are up in the next election are booted. I really believe, regardless of polling, this isn't going to be about making the President a one term President, it's going to be about incumbents. And they will all be shocked! as usual, because they didn't see it coming.
Guest- Guest
Similar topics
» Recovery at risk as jobs and housing stumble - Manufacturing is also showing signs of developing cracks
» 80 Million Manufacturing Jobs Lost
» The Declining Demand for Jobs Men have Traditionally Held
» Cut the crap and create jobs
» Why Apple will never bring manufacturing jobs back to the U.S.
» 80 Million Manufacturing Jobs Lost
» The Declining Demand for Jobs Men have Traditionally Held
» Cut the crap and create jobs
» Why Apple will never bring manufacturing jobs back to the U.S.
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Wed Feb 06, 2019 3:59 pm by Sad American
» UF2 Members Chat Thread: Part 3
Thu Mar 02, 2017 1:02 am by DesperateInRI
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Wed Mar 01, 2017 8:19 pm by DesperateInRI
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009
» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72
» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009
» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA
» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed
» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper
» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe
» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI
» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009
» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009