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Wednesday, August 1, 2007

Industrial Market Trends Blog Update

August 1, 2007

On Today's Blog

For a decade, the focus in Congress was which taxes to cut. That's about to change -- in a very big way. Meanwhile, as Congress, candidates and their campaigns focus so much of their attention on taxes, more than one-third of U.S. workers say that presidential candidates are not adequately addressing key workplace issues.
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You May Have Missed

Domestic Auto Parts Makers Bidding Farewell?
Domestic manufacturers in North America and Europe are facing even more challenges, as the high-end edge they have held now seems to be receding. As such, an increasing number of diversified manufacturers are "abandoning the U.S. automobile industry, selling off auto-related businesses and beefing up other parts of their portfolios," according to a Wall Street Journal report.
Tit for Tat: China-U.S. Food Fight Escalates
The Chinese yuan and counterfeit products are losing out in international attention to the ongoing spat over food quality trade disputes between the U.S. and China. Shortly after China's unwelcome publicity over charges of tainted food and other products, the country retaliated earlier this month by suspending the import of poultry and pork products from several major American producers.

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