首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
In recent years there has been much talk of a "renaissance" in American manufacturing. A few things seemed to be on the side of
In recent years there has been much talk of a "renaissance" in American manufacturing. A few things seemed to be on the side of
admin
2016-09-09
50
问题
In recent years there has been much talk of a "renaissance" in American manufacturing. A few things seemed to be on the side of the makers. For instance, until recently the dollar was weak. American wages were stagnant, but those in China were booming. Cheap shale oil and gas gave factories a boost. But as we argued recently, talking of a renaissance is overblown. And new figures, released today, add to the mounting pile of evidence saying that manufacturing growth is starting to slow.
We argued before that although there has been a recovery in American manufacturing in recent years, it is not a sustainable one. Employment in the sector is still lower than before the crash. So is one important measure of output: real value added. In short, America has not got better at producing stuff.
Also, much of the recovery in American manufacturing seems to be based on a cyclical boom in " durable" goods—things that you expect to last a long time, like cars and fridges. During the recession, orders for durable goods plunged. That’s because it is quite easy to put off such purchases. By contrast, it is more difficult to put off purchases of non-durable goods, like medicines, because people tend to consume them more frequently.
After the recession, production of durable goods soared. Cheap credit, for instance, spurred demand for new motors and rapid growth in carmaking. That sector accounted for over a third of the durable growth from 2009 to 2013. Yet a recovery based on a few durables industries is unsustainable. This is because when pent-up demand is satisfied, a few big industries will suffer. Overall output is likely to stall.
New data confirm this prediction. Orders for durable goods fell by 1.4% in February. Motor-vehicle orders fell by 0.5% . It is possible that the recent bad weather has had an effect here. But it may be a sign of something more troubling. As economists at Capital Economics, a consultancy, argue, "The more general malaise started back in the autumn of last year. Indeed, core orders have now fallen in every month since last October. "
In recent months, non-durable goods have also fallen quite rapidly. What explains all this? The obvious culprit is the strong dollar, because it makes manufacturing exports(which account for roughly half of America’s total)more expensive. Alternatively, it may be because consumers are starting to pull back on spending. In January, consumer credit grew at the slowest pace in over a year, according to recent data from the Federal Reserve. In recent months consumer confidence has dropped a bit. And companies may not be so confident, either, and are thus not in the mood to add to capital stock, says Steven Ricchiuto of Mizuho Securities, an investment bank. This does not bode well for American manufacturing or, indeed, for economic growth overall.
What does the author say about the recovery in American manufacturing?
选项
A、It may be put to an end soon.
B、It is merely an illusion.
C、It is a bounce before breakdown.
D、It lacks essential support.
答案
D
解析
推理判断题。定位句指出,美国制造业近年来的复苏是不可持续的,并认为美国的商品制造业并未得到改善。由此可知,作者显然是认为美国制造业的所谓复苏并不是根本的,缺乏有力的支撑,故答案为D)。A)“它可能很快会结束”,尽管作者认为复苏是不可持续的,但并没有说它会很快结束,故排除;B)“它只是一种假象”,第二段首句已经明确指出,美国制造业近年来有所复苏,这不是假象,故排除;C)“它是崩溃之前的反弹”,文中并没有提及这一点,故排除。
转载请注明原文地址:https://www.kaotiyun.com/show/DKG7777K
0
大学英语六级
相关试题推荐
CertainphrasesonecommonlyhearsamongAmericanscapturetheirdevotiontoindividualism."Doyouownthing?""Ididitmyway
AJewishproverbsaysthatGodcouldnotbeeverywhereandthereforehemademothers.Herearesomemotherswhohaveachievedfa
Angeroftenmakesusuncomfortable.It’suncomfortabletowitnessanduncomfortabletofeel.Witnessingyourchild’sangercanb
Fiveoutoftenoftheworld’slargestfoodcompaniesareaggressivelyexploringthepotentialofnanotechnologyforbetterpack
A、Todescribeacollegetrainingprogram.B、Torecruitpeopleforajob.C、Todiscussproblemsfacedbytheairlineindustry.D、
A、RockformationsintheNevadadesert.B、Graduatestudiesinanthropology.C、Excavationtechniquesusedinarchaeology.D、Prehi
中国书法(calligraphy)作为一种具有4000多年历史的抽象艺术,它不仅仅是书写汉字,也不只是写好汉字,它是一门表现精神的艺术。书法作品承载着书法家的人格、情绪、思想和灵魂。中国书法在中国盛行了数千年,在日本和韩国这样的邻国也很流行。在中国,书法作
A、Approval.B、Disapproval.C、Cautious.D、Uncertain.C
America’srecenthistoryhasbeenapersistenttilttotheWest—ofpeople,ideas,commerceandevenpoliticalpower.California
A、Healreadyknowsalotaboutpainting.B、Hehopestobecomeapaintersomeday.C、He’snotveryfamiliarwithpainting.D、Heh
随机试题
当用作受拉钢筋时,其末端应作180°弯钩的钢筋是()。
农民李某有耕地2亩,在2019年的耕、种和收时接受三次托管服务,则托管服务面积为()亩。
在加密技术中,把待加密的消息称为_____________。
患者,胸痛,查体可闻及心包摩擦音,该摩擦音的特点不包括
某新建项目,建设期为5年,分年均衡进行贷款,第一年贷款1000万元,第二年贷款2000万元,第三年贷款500万元,年贷款利率为6%,建设期间只计息不支付,则该项目第三年贷款利息为()万元。
按照《招标投标法》及相关法规的规定,下列评标定标行为中违法的是()。
胃肠型食物中毒的主要治疗措施()。[辽宁省2009年11月三级真题]
教育目的与教育方针的主要区别在于,教育目的强调培养人的质量和规格,而教育方针强调办什么样的教育,怎样办教育。()
某机器字长为16位,主存容量为1M×16位,有63种指令,CPU有PC,IR,AR,DR4个基址寄存器和4个变址寄存器,16个通用寄存器。(1)请设计合适字长的二地址(RS型)指令,其中一个操作数有4种寻址方式;(2)说明各寄存器合适的位数
被告人,吴某,男,26岁。2005年3月,被告人吴某从某县离家外出,先后流窜到云南省的昆明市等地,同年4月7日上午窜至大理古城,在同福旅社住下后随身携带匕首上街游逛。10时许逛到大理中路至小邑庄岔路口时,遇见来华旅游的日本人高杉某挎着照相机朝洱海方向游览观
最新回复
(
0
)