Less than Vital Signs

Posted by SCapozzola on February 1st, 2008

The U.S. Bureau of Labor Statistics reported today that the United States lost 28,000 manufacturing jobs in January 2008.  These losses were a leading contributor to the overall decline of 17,000 jobs in the U.S. economy for the month.

 Not a happy indicator for an already troubled economic picture.  As ManufactureThis reported earlier in the week, the 24 states holding primaries on Super Tuesday have lost more than 1.5 million jobs in the past seven years.

Bloomberg News took note of AAM’s Super Tuesday report and observed that job and economic issues could factor heavily into the outcome of Super Tuesday: “Falling home values and the collapse of the subprime- mortgage market are the major worries in several states, including the biggest prize on Feb. 5, California. A slowing automotive industry and manufacturing-job losses dominate Midwestern states like Illinois and Missouri, and parts of the South. Financial industry losses are a burden in the Northeast.”

An economy in rough shape needs real solutions.  And, as AAM has said numerous times, one significant effort would be to revitalize U.S. manufacturing.  

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