On 11.01.09, In Energy, Government, By EE
China’s manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground, a survey by an industry group said Sunday.
The state-sanctioned China Federation of Logistics and Purchasing said its purchasing managers index, or PMI, rose to 55.2, nearly a full point higher than [...]
W. Michael Brown has scaled back hiring plans in his Virginia auto-parts stores. Carl Redman halted an expansion project at his Oregon contracting business. Bill Hammack is preparing layoffs at his road-construction company in Georgia.
The economy remains unsteady 22 months after the recession began, with banks restricting credit and consumers hunkering down. For these [...]