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• McCain hopes to highlight economic strengths
Though economists are divided on whether the United States has entered a recession, the economy continues to show surprising strength — particularly in farming and manufacturing industries critical to several important swing states.
• Manufacturing shrinks slightly in August
NEW YORK - Factory activity unexpectedly shrank slightly in August while inflation pressures also eased, according to an industry report released on Tuesday. The Institute for Supply Management said its index of national factory activity edged lower ...
• Factory orders increase more than expected
The concern is that a slowdown in exports will dampen manufacturing activity and consumer spending will falter as the effect of $92 billion in economic stimulus payments begins to wear off, however.
• Workers sorry Vise-Grip plant moving to China
One of the original 1924 Vise-Grip pliers is held next to Contemporary Vise-Grip pliers, at the Irwin Vise-Grip manufacturing plant, in DeWitt, Neb.
• Wall Street surges as crude oil prices tumble
Beyond a broad pullback in commodities, investors also awaited a report from a trade group of purchasing executives on the manufacturing sector.