U.S. Manufacturing Takes A Hit The manufacturing sector of the U.S. economy hit a new all time low on Friday. The Institute for Supply Management, a trade group for purchasing executives, reports that manufacturing activity in all industry sectors is at the lowest level in 28 years — another measure of the current recession.
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U.S. Manufacturing Takes A Hit

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U.S. Manufacturing Takes A Hit

U.S. Manufacturing Takes A Hit

U.S. Manufacturing Takes A Hit

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The manufacturing sector of the U.S. economy hit a new all time low on Friday. The Institute for Supply Management, a trade group for purchasing executives, reports that manufacturing activity in all industry sectors is at the lowest level in 28 years — another measure of the current recession.

Host Liane Hansen speaks with Nigel Gault, the chief economist for IHS Global Insight, about what this means for the U.S. and the global economy.