U.S. Economy: Manufacturing Shrinks as Orders Hit 60-Year Low

[smartguy911]

http://www.bloomberg.com/apps/news?p...jdQ&refer=home

The decline in U.S. manufacturing deepened in December as demand for such products as cars, appliances and furniture reached the lowest level since at least 1948, signaling further cutbacks in factory jobs and production this year.

[danberkeley]

http://www.bloomberg.com/apps/news?p...jdQ&refer=home

Good. They were in a bubble anyway. They were also all related to housing. Damn it, wait! Does that mean that we are also going to bailout people who make coffee tables? F@ck me running!