Vital Stats: Recovery Gains Traction

Manufacturing continued to expand as 2009 drew to a close, and so far there are no indications of a “double-dip” back into recession. Sales of manufactured products rose 1% in November, the third consecutive increase. Shipments of durables were up 0.2%, while nondurables advanced 1.8%. Part of the increase in nondurables was the result of rapid gains in energy prices, however. Third-quarter sales of manufactured products rose 1.5%, the first increase in five quarters. Shipments of durables and nondurables each rose 1.5% as well. Fourth-quarter...

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