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0 0 0 0.000821018062397501 0.00246305418719221 0.00492610837438428 -0.00985221674876841 -0.00410509031198678
Stock impact report

Manufacturing is making a comeback in these 28 U.S. cities [USA TODAY]

GE Aerospace (GE) 
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: USA TODAY
Workers building a manufacturing facility. (Photo: Getty Images) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE The U.S. manufacturing sector is a shadow of its former self. Cheap foreign labor and increased automation -- in addition to several recessions -- have chipped away at demand for American manufacturing workers for decades. Ultimately, the total number of Americans employed in the sector bottomed out at 11.5 million in February 2010, a 41 percent decline from the peak of 19.6 million in 1979. The industry’s downturn gutted the economic core of more than a dozen once-great American cities. These cities, concentrated in the mid-Atlantic and Midwest, are sometimes collectively referred to, pejoratively, as the Rust Belt. Rust Belt cities, themselves symbols of American industrial decline, include Baltimore, Cleveland, Detroit, and Pittsburgh. Though the manufacturing sector has added over a million jobs since the employment trough immediately f Show less Read more
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