Guess Which Sector Is Pulling Us Out of the Recession

It's been an under-reported, or at least under-emphasized fact as we pull out of the economic collapse. Rising employment and productivity in the manufacturing sector is leading this country back to health. Just plain 'ol nuts-and-bolts, get-your-hands-dirty manufacturing. Making things.

Some data points to consider.

  • March employment data released today confirms that manufacturing activity is growing at its fastest pace in five-and-a-half years, helping the nation avoid a double-dip recession.
  • Manufacturing hiring this month will reach a level not seen since June 2008, according to the Society for Human Resource Management.
  • In the U.S., the Institute for Supply Management's index of manufacturing activity rose to 59.6 in March, the highest since 2004, and the eighth consecutive month of growth.
If we needed yet another reason why manufacturing is important to America's growth and competitiveness, we are getting a lesson each month as the latest jobs reports and economic activity reports are released.