Word: sectored
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...course, maybe what he's not saying is that he's done all he can do. This doldrum could definitely be around a while. In the recessionary manufacturing sector, capacity utilization - actual production, as opposed to how much it could produce if anybody wanted it - is at the lowest point since the last recession. Banks are writing off bad loans hand over fist, and plenty gun-shy about lending to businesses with too few customers, no matter how cheap the money...
...orders - demand for cars, computers, refrigerators and the like - spiked 2.9 percent in May, said the Commerce Department, pleasantly surprising forecasters who expected a small drop. It's a volatile measure (just look at April's precipitous 5.5 percent fall) but it offers some hope for the depressed manufacturing sector as well as a sign that those rate cuts may be helping prop up consumer borrowing on finance-heavy items like cars...
...such complaints until he had trouble finding a buyer--including negotiating with Warnaco--for his suddenly unfashionable company. Warnaco, in its view, was simply responding to market forces, as more consumers continued to bypass department stores and their not-so-exclusive brands. Warehouse clubs are the only thriving retail sector, with an increasingly upscale clientele that's hard to ignore...
...with that approach: in the short term, it won't win the right many votes. "I'll be crucified," Hague said at the suggestion he push for free-market alternatives to the National Health Service and the failing education system. And yet a serious effort to downsize the public sector would at least give conservatives a farsighted program to fight for, and one they can believe in. At this point, they have nothing left to lose but their convictions...
...stand won't provide much relief to the pressing manpower demands of German business. The Federal Association of German Industry says that in addition to the large number of vacant computer jobs, the country lacks 80,000 people in the food service sector, 50,000 nurses and 40,000 skilled workers in the metal and electrical industry. With its cool attitude toward foreigners and a reputation for high taxes, Germany has a hard time attracting workers even with good pay, says Christoph Kannengiesser, manager of the German Federation of Employers. "The workforce needs to be convinced that Germany...