What have you always wondered about the economy? Tell Us

Manufacturing sector still seeks route to a rebound in the New Year

Mitchell Hartman Jan 6, 2017
HTML EMBED:
COPY

Manufacturing sector still seeks route to a rebound in the New Year

Mitchell Hartman Jan 6, 2017
HTML EMBED:
COPY

Is there any hope for a manufacturing rebound in 2017? The signs haven’t looked great, with the dollar strong and strengthening. A strong dollar makes U.S. exports more expensive. Factories actually shed jobs in 2016. But manufacturers say they’re optimistic that a domestic stimulus package — the kind of infrastructure spending plan that President-elect Donald Trump has championed — could help. But if manufacturers do go looking for workers, they’ll face a tight labor market. The unemployment rate fell to 4.6 percent in November, and we’ll get the latest jobless figures for December later today.

Click the above audio player to hear the full story.


Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.