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Factory Boom Cranks Up Economy, Leads To Strongest Growth In 2 Years

After years of factory closings shrank the nation's industrial footprint, a miniboom in plant construction is beginning to reverse the trend and fuel faster economic growth.A 12.6% surge in spending on ...

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After years of factory closings shrank the nation's industrial footprint, a miniboom in plant construction is beginning to reverse the trend and fuel faster economic growth.

A 12.6% surge in spending on non-residential structures -- notably new and expanding factories -- was a big reason for last week's upward revision of second-quarter economic growth. The Commerce Department said the economy expanded at a 4.6% annual rate, up from its previous 4.2% estimate and the strongest growth in 2½ years.

For the full story, visit USA Today.

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