Federal Debt Default's Effect On Manufacturers

Manufacturers could see a dent in their recovery process if the U.S. federal government default's on its debt.

There is much speculation about what will happen to manufacturing companies if the U.S. federal government defaults on its debt. Some experts say that if the debt default lasts longer than a week, manufacturers could get hit hard.

Many companies are still in the recovery process from the 2008 recession. A long debt default could bring about economic uncertainty, reducing consumers' willingness to spend money. It could also mean manufacturers will have an even harder time competing with low-cost countries.

To read the full article, visit: