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Economists: the plastic industry has not fully recovered from the great depression
by：Lisson
2020-11-10
Recently, the United States issued a report, industrial production is pointed out that manufacturing industry is recovering.
But a economists warned that data is not as well as according to the report,
plastic industry, in particular, there are still many places need to make up for.
Alan Tonelson says, according to the research of the United States business council, the capacity of the plastic industry and equipment utilization rate than the end of 2007, Before the financial crisis)
about 20% less.
“ If the manufacturing recovery, the real production data will be much higher than this, & throughout; Tonelson on July 16, accepted a telephone interview, & other; The fact is that the U. S. manufacturing has not
recovered from the financial crisis in 2008. ”
the federal reserve released June industrial production and capacity utilization according to the report, the United States in May than June industrial production index rose 0. Flat 3%, may.
this year in the second quarter, the overall production index of annual growth rate to zero. 6%.
production capacity has slightly higher 0. 1%, 77. 8%. Higher than that of last year compared to 0. 1972-1%, but compared with 2 in 2012, the average is still low. 4%.
in addition, the survey also showed that in June 2013, plastic and rubber products manufacturing rose 4. 8%.
but Tonelson, points out that the original data shows that the result of a much worse than that. Data is higher just because of cyclical recovery after the financial crisis,
does not mean that manufacturing industry is growing rapidly.
“ Nearly two years, is about manufacturing or will enter the recovery stage of talking and rhetoric, but I doubt it, because according to the data as a result, I didn't
see this sign. ” Tonelson says.
, he points out, there is also a restore good industry, such as automobiles and synthetic rubber.
Tonelson says, individual improvement of the industry that some people believe that American manufacturing is a full recovery. But, according to data that is not the case. Cyclical business wave
kinetic energy easily affect the growth of the present.
plastic industry, in particular, there are still many places need to make up for.
Alan Tonelson says, according to the research of the United States business council, the capacity of the plastic industry and equipment utilization rate than the end of 2007, Before the financial crisis)
about 20% less.
“ If the manufacturing recovery, the real production data will be much higher than this, & throughout; Tonelson on July 16, accepted a telephone interview, & other; The fact is that the U. S. manufacturing has not
recovered from the financial crisis in 2008. ”
the federal reserve released June industrial production and capacity utilization according to the report, the United States in May than June industrial production index rose 0. Flat 3%, may.
this year in the second quarter, the overall production index of annual growth rate to zero. 6%.
production capacity has slightly higher 0. 1%, 77. 8%. Higher than that of last year compared to 0. 1972-1%, but compared with 2 in 2012, the average is still low. 4%.
in addition, the survey also showed that in June 2013, plastic and rubber products manufacturing rose 4. 8%.
but Tonelson, points out that the original data shows that the result of a much worse than that. Data is higher just because of cyclical recovery after the financial crisis,
does not mean that manufacturing industry is growing rapidly.
“ Nearly two years, is about manufacturing or will enter the recovery stage of talking and rhetoric, but I doubt it, because according to the data as a result, I didn't
see this sign. ” Tonelson says.
, he points out, there is also a restore good industry, such as automobiles and synthetic rubber.
Tonelson says, individual improvement of the industry that some people believe that American manufacturing is a full recovery. But, according to data that is not the case. Cyclical business wave
kinetic energy easily affect the growth of the present.
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