US manufacturing shrinks, construction down


  • Business
  • Wednesday, 03 Sep 2008

NEW YORK (AP) - For the U.S. lumber companies, automakers, home builders and other manufacturers, the final half of 2008 may be as sluggish as the first.

Slow consumer spending and high gas prices have stalled manufacturing, and even some bright spots are expected to dim. Exports, which have propped up the sector, may slide as economies overseas slow.

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