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Chicago Fed's Moskow on manufacturing prospects

In welcoming remarks to the Conference on Manufacturing Prospects given on 27 April Michael Moskow of the Chicago Fed said that it is too soon to know whether a slowing in Midwest manufacturing activity over the past few years can be linked to broader economic sluggishness or whether the changes will be permanent.

In opening a one-day conference on the region's factory health, Moskow conceded that although economic churning in the Midwest may open up new growth in other areas, there are some

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