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Old 10-04-2009, 09:24 PM
southbymidwest southbymidwest is offline
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Quote:
Originally Posted by Elephant Walk View Post
How so?
In answer to your question, auto makers do not make all of the parts they use to assemble their cars. If they cut production, they cut their orders to suppliers. Their suppliers manufacture these parts all over the country (not just Michigan) and around the world. Smaller orders = smaller production runs = decreased need for workers = reduced hours/reduced workforce. Reduced workforce = less money being spent in the local economy. So that is how a manufacturer of, say, gear shift knobs, in Boise, Idaho, that supplies to the auto industry is hurt by what is going on. Which could impact the local Boise economy.
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