MIAMI—After years of decline, manufacturing is looking good inthe United States. Both automobiles and generalmanufacturing are making a positive impact on theindustrial market.
The number of cars built on American assembly lines rose to 13.2million in July, according to data from the US Federal ReserveBoard. That's the highest since 2002.
“The American auto industry remains a cornerstone of oureconomy—a key source of our ability to export, innovate, and createjobs,” Tanya Somanader, speechwriter for Democratic Leader NancyPelosi, wrote in a blog post. “During the economic turmoil of theGreat Recession, the auto sector shed hundreds of thousands ofjobs, and production dropped to the lowest level recorded in datagoing back to the 1960s.”
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