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Thursday, 28 April 2011

Materials costs squeeze US industry

The Finanical Times
April 27, 2011

Rising prices for commodities such as oil and steel and inflation in emerging economies are a threat to the revival of US manufacturing industry, executives at some of the leading companies have warned.

Manufacturers such as United Technologies, Honeywell, Eaton, Ford Motor and Boeing have been reporting stronger-than-expected earnings for the first quarter and often raising their forecasts of growth for the full year.


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