![Economic Musings: Aug 29, 2009 Economic Musings: Aug 29, 2009](https://www.catholicbusinessjournal.com/wp-content/uploads/1-help-wanted-sign-300x200.jpg)
Economic Musings: Aug 29, 2009
U.S. ECONOMY Signs that the business cycle may have reached its trough strengthened as inventories were again reduced in the second quarter at a yearly pace, estimated by JP Morgan, of $162 billion. After 10 consecutive months of decline, replacement demand alone can be expected to support manufacturing activity ahead. Just as importantly, U.S. worker…