Marketplace®
Every story is an economic story
Dec 3, 2013

Marketplace for Tuesday, December 3, 2013

Dow Chemical says it’s getting out of the commodity chemical market so much that it may drop ‘Chemical’ from its name. Overseas competitors can produce these chemicals much more cheaply. And so will pass from U.S. manufacturing a class of products without which life is hard to imagine.  Ziploc bags. Nylon (in DuPont’s case). Then, sales of pickup trucks helped the Big Three U.S. automakers beat analysts’ expectations for November sales. We look at how those sales figures play out in the U.S. job market, and whether workers have been recalled to build those vehicles.  

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Dow Chemical says it’s getting out of the commodity chemical market so much that it may drop ‘Chemical’ from its name. Overseas competitors can produce these chemicals much more cheaply. And so will pass from U.S. manufacturing a class of products without which life is hard to imagine.  Ziploc bags. Nylon (in DuPont’s case). Then, sales of pickup trucks helped the Big Three U.S. automakers beat analysts’ expectations for November sales. We look at how those sales figures play out in the U.S. job market, and whether workers have been recalled to build those vehicles.