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Housing and banking hold up in recession
In a milwaukee case, laid off worker Sonja Heinrich faces bleak prospects as manufacturing losses mount. Economists say the 2001 downturn may be less deep than 1990-91, with unemployment rising but banking and home building holding up. Tech, autos, and manufacturing lead sector hits, yet openings remain available.
MENTIONED IN THIS ARTICLE
New York
Sonja Heinrich
Briggs & Stratton Corp
Heinrich
Milwaukee
Deutsche Banc
Alex. Brown
Edward Yardeni
National Association of Manufacturers
Sung Won Sohn
Wells Fargo & Co
Iraq
Kuwait
World Trade Center
Pentagon
Sohn