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Factories leading U.S. recovery, spur broader job growth Bloomberg Share     Factories kick-started the US economy from its worst recession in seven decades. Now they’re taking the lead in reviving the labor market. Manufacturers so far this year have added 45,000 workers to payrolls, the biggest three-month gain in the industry since March-May 2004. A 17,000 increase at factories last month was part of a 162,000 rise in employment, the most in three years, Department of Labor figures showed on April 2. More
National Association of Manufacturers Monday economic report NAM Share
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week's economic news was a field of green, with eight of the 10 major economic reports improving. Much of the good news surrounded consumers, the labor market and manufacturing. The most notable improvement was the 162,000 increase in payroll employment in March. While the employment gains in most sectors were not overwhelmingly strong, the fact that 10 of the 12 major private sectors increased payrolls in March is a positive sign that the labor market is starting to improve on a broad
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U.S. manufacturing growth revs up, construction down The Associated Press via Google Share
The U.S. manufacturing sector expanded in March at its strongest pace in 5 1/2 years, leading the rebound from the recession on growth in exports and inventory rebuilding. Another drop in construction spending in February, however, underscored weakness in real estate. More For the smart grid, a 'synchrophasor' The New York Times Share
The Department of Energy is putting millions of dollars into testing synchrophasors around the country. It is hoped that these devices will help smart grid-enabled high voltatge grid deliver more power more reliabily and more efficiently. This will then enable the integration of more wind and solar power. More EPA issues comprehensive guidance on mountaintop mining EPA Share
The U.S. Environmental Protection Agency (EPA) announced a set of actions to further clarify and strengthen environmental permitting requirements for Appalachian mountaintop removal and other surface coal mining projects. More
The benchmark is dead, welcome the swap MetalMiner Share
Some commentators are presenting the decision this week of a deal by Vale of Brazil and Anglo-Australian BHP Billiton with Japanese and Chinese mills as being momentous for the iron ore industry. It will in hindsight be seen as the end of the 40-year-old benchmark system of annual contracts but in reality it is just one step along a road started two or more years ago as cracks in the previous system became increasingly obvious. More Steel industry concerned about emissions regulations Industry Week Share
Delaying greenhouse-gas emissions rules for stationary sources to January 2011 will provide little benefit for manufacturers, and the tougher rules could halt construction on new manufacturing plants, according to American Iron and Steel Institute President and CEO Thomas Gibson. More U.S. car and truck sales show recovery in March The Detroit Free Press Share
March's strong U.S. auto industry sales increase of 24.3 percent compared with last year points to a U.S. economy that is on the mend. Although the final car and truck sales results fell a tad short of lofty expectations for the month and were driven partially by high incentives, they were still one more positive economic sign. More Virginia creates agency to help develop offshore wind energy Recharge News Share
Virginia Governor Bob McDonnell has signed into law green energy legislation that includes creation of a new authority to promote and support offshore wind energy development, and a tax credit for job development. McDonnell says that Virginia must be aggressive in developing wind, solar, biomass and nuclear, along with fossil fuels, because it imports more electricity than any state except California. More Hiring gets big boost in March The Associated Press via Industry.net Share
The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month. The increase in payrolls is the latest sign that the economic recovery is gaining momentum and healing in the job market is beginning. Still, the healing is likely to be slow, and most economists don't expect new hiring to be fast enough this year to rapidly reduce the unemployment rate. More
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