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Manufacturing Industry in Crisis
Manufacturing industry in crisis
The manufacturing sector has been in recession since January 2001 with outputs declining month by month. Manufacturing is about making products from raw materials by hand or machinery. There is sometimes confusion about which companies belong to the troubled manufacturing sector or to the service industry which support manufacturers and sometimes even sprung from them . an example of this is TNT which offers a logistics service for manufacturers.
Why has manufacturing sector plunged into a decline?
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