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Letter "D" » Donald A. Norman Quotes
«Despite oft-mentioned concerns about higher energy and commodity prices, a lower growth rate for consumer spending, a slowing of the housing and auto sectors, and higher interest rates, the manufacturing sector appears to be on solid footing and poised for yet another year of expansion.»
«This forward-looking index points to continued expansion in most manufacturing industries.»
«The profit margin index is well above the 50%-level, indicating that, for most firms, profit margins are higher than one year ago, when margins were showing improvement from their depressed levels throughout 2001-2002.»
«Just 8% of the respondents reported that backlogs are down from last year, while 66% said that backlogs are higher.»
«This forward-looking index indicates broad optimism that the expansion of manufacturing activity will continue throughout the year.»
«While a few manufacturing industries--in particular, the auto industry -- face challenges, the overall manufacturing sector appears to be on very solid footing for at least the near term.»

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