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Weaker dollar means stronger manufacturing

6/7/2016

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A weaker US dollar makes a stronger US economy. In "Weaker dollar boosts US manufacturing," the Associated Press reported growth in the manufacturing sector from April to May after a slump from October through February. The culprit for the slump? "A strong dollar that made U.S. products more expensive in foreign markets. The dollar has fallen against other major currencies since the end of January, giving factories some relief."

Looking to a better job market and consumers' ability to spend more as an indicator, economists "expect the growth rate to rise to perhaps 2.5 percent in the second quarter."
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​Grinding Wheel Industry
   Abrasive wheel inserts
   Cup wheel (spider) bushings
   Disc wheel inserts
   Reducing adapter bushings
   Reusable adapter kits
   Safety backs
   Throw-away mounting flanges
   Threaded hex inserts

Wire Rope Industry
   Fractional sheave gauges
   Metric sheave gauges
   How to use a sheave gauge
Customize
About
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Donahue Industries



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Donahue Industries, Inc. is a full service international metal stamping manufacturer in Massachusetts specializing in parts for the grinding wheel and wire rope industries. 

Donahue Industries, Inc.
5 Industrial Drive
Shrewsbury, MA  01545-5835

Phone: (001) 508-845-6501
Fax: (001) 508-842-7665
sales@donahueindustries.com