Manufacturing Looks A Lot Healthier This Year

JAMES C. COOPER; KATHLEEN MADIGAN

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Manufacturing Looks A Lot Healthier This Year

机译：今年制造业看起来更加健康

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The travails of U.S. manufacturing are exhaustively documented: The sector generates a dwindling share of Corporate America's profits. Foreign competition is relentless, especially outside of high-tech industries. Pricing power has vanished. Factories are hemorrhaging jobs. There is little hope that these long-run trends will ever reverse. But in 2004, these burdens won't feel as heavy as they have over the past four years. That's because the swing in the business cycle, which is always felt keenly in this sector, is driving industrial activity out of its doldrums.

机译：详尽记录了美国制造业的苦难：该行业在美国公司利润中所占的份额越来越小。外国竞争是不懈的，尤其是在高科技产业之外。定价权已消失。工厂正在流血。这些长期趋势将不可能逆转。但是在2004年，这些负担不会像过去四年那样沉重。这是因为在这个行业中总是强烈感受到的商业周期的波动正在推动工业活动走出低迷。

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《Business week》 |2004年第3866期|p.25-26|共2页
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JAMES C. COOPER; KATHLEEN MADIGAN;
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Manufacturing Looks A Lot Healthier This Year

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