Spring for Manufacturing in North America

Barrie McKenna from the Globe and Mail's Report on Business makes a case for the US economy that often gets forgotten in the mess of doom and gloom reporting;

"Amid the financial gyrations of the past few weeks, it's comforting to know that the foundation of the next growth phase is already being laid. And it could come from the most unlikely of places: the dirty business of manufacturing, and trade.

You can thank the remarkable resilience of the American economy, the largest, most diverse and open economy on the planet.

It isn't easy to keep the United States down for long. The same, often reckless, dynamism that causes this country to repetitively binge — on real estate, technology stocks or some other bauble du jour — is precisely what will pull the economy out the other side.

It's far too early to write an obituary for the U.S. economy.

Just remember: This isn't Japan, which suffered three recessions during its "lost decade" of the 1990s."

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