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
2015-07-05
48
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 is the author’s attitude towards the outlook of American manufacturing?
选项
A、Quite confident.
B、Fairly anxious.
C、A bit confused.
D、Very pessimistic.
答案
B
解析
观点态度题。从两个定位句可以看出,作者对美国制造业无论是耐用品还是非耐用品的分析结果来看,都认为目前的态势不容乐观,暗藏危机,前景堪忧。可见,作者对制造业的前景比较担忧,故答案为B)。A)“很有信心”,从前文分析可以看出,作者对制造业的前景绝非有信心,故排除;C)“有些困惑”,作者对制造业的情况态度明确,并不困惑,故排除;D)“非常悲观”,作者虽认为前景不乐观,但还是提到了一些利好因素,因此D)说法过于绝对,故排除。
转载请注明原文地址:https://kaotiyun.com/show/GkQ7777K
0
大学英语六级
相关试题推荐
A、Leaveallthethingstoyourneighbortolookafter.B、Tellthepostofficetokeepthemailuntilyoucomeback.C、Cancelthe
Howmanytimeshaveyouheardtheexpressionthatmostpeoplespendmoretimeplanningtheirvacationthantheydoplanningthei
ArecentBBCdocumentary,TheTownThatNeverRetired,soughttoshowtheeffectsofincreasingthestatepensionagebyputting
ArecentBBCdocumentary,TheTownThatNeverRetired,soughttoshowtheeffectsofincreasingthestatepensionagebyputting
Ispentagoodpartofthelastthreeweekshelpingayoungfriendlookforanapartment,andtheexperiencewasrevealing.Amon
America’srecenthistoryhasbeenapersistenttilttotheWest—ofpeople,ideas,commerceandevenpoliticalpower.California
A、Eachflockofbutterflieslayseggsinthesamestates.B、Theystarttolayeggswhentheyareninemonthsold.C、Eachgenerat
Forinvestorswhodesirelowriskandguaranteedincome,U.S.governmentbondsareasecureinvestmentbecausethesebondshave
AccordingtoapapertobepublishedinPsychologicalSciencethishasaninterestingpsychologicaleffect.Agroupofresearche
ThereareseveralhypothesesabouttheoriginsofthefirstNeolithicsettlersinIreland,butmostofthesecontainproblems.F
随机试题
县级以上城市人民政府城市规划行政主管部门负责本行政区域内建设项目选址和布局的规划管理工作。城市规划行政主管部门在这项工作中,下列说法哪项是不准确?()
[背景资料]某市准备建设一座图书馆工程,建筑面积为8000m2,预计投资约1200万元,建设工期为12个月,工程采用公开招标方式确定承包商。建设单位为节约开支,决定自行招标,并向当地的建设行政主管部门提出招标申请,得到批准,建设单位依照法定程序进行公开
欺诈客户行为包括()。
王某某在集市上收购烟叶,因此王某某为烟叶税的纳税人。()
下列各项中,免征车船税的是()。
示范和领操的形式有_______、_______、_______、_______。
或许有人会认为人口多是环境资源压力的主要来源,可以说30年前我国开始实行计划生育的时候的确是这样,但是现在情况已经发生了改变。当前造成我国资源环境主要压力的已经不再是人口曾长,而是传统的经济增长方式。从现在看来,我们已经有足够的能力和办法来协调人口发展与资
藏羚羊是中国国家一级保护动物,主要分布在西藏、青海、新疆西部80多万平方公里的高寒荒漠地区,其中80%的区域在西藏羌塘境内。自20世纪80年代开始,由于受国际藏羚绒制品消费和非法贸易利益的驱使,青藏高原上的藏羚羊遭受了盗猎分子的大肆猎杀,种群数量急剧下降。
以下不属于英美法系特点的是:
Marywasinalatherwhensheheardthatshewouldbetransferredtoanotherdepartment.Theunderlinedpartmeans______.
最新回复
(
0
)