Manufacturing outlook: shaky but optimistic

excerpted from Alexandria Echo Press, 2-6-09

While a majority of Minnesota manufacturers say they expect the recession to last through 2009, even more say they are confident in their company's ability to weather the economic slump. This is according to a December survey of 400 manufacturing executives from across the state.

Minnesota cut 2,900 manufacturing jobs in December, and lost 15,600 jobs throughout 2008. Around Alexandria, a lack of business has also forced some manufacturers to temporarily cut back on production and, in some cases, workers, but despite the difficulties many say they remain optimistic.

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