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electricity and gas sales plunged during the recession. But Southern Co., reported a 7.8 percent jump in industrial electricity sales last year and AGL Resources said it has more than recovered from a nearly 35 percent drop in industrial sales of natural gas at the trough of the recession.But productivity gains have allowed manufacturers to increase production in the latest economic cycle without bringing employees back to the shop floor. In metropolitan Dalton, for instance, about a third, or 23,000 of the area's 66,000 employed workers, are engaged in manufacturing. Rep. Tom Graves, R Ga., one of the sponsors of Thursday's summit, argued that overregulation is costing the economy $1.75 trillion a year, which is equal to two stimulus packages such as the one Congress adopted in February 2009. producers still make 21 percent of global manufactured products, or about $1.6 trillion of value, according to the National Association of Manufacturers. But that's some $150 billion less than the totality of regulations cost the country, according to Graves."When I talk to employers throughout this district and elsewhere, and I ask them what is the No. 1 area that inhibits job growth, it's without exception overregulation and the uncertainty of the regulatory environment," Graves said.From the still contentious national healthcare plan to the cap and trade proposal that stalled in Congress, many businessmen said they are afraid to make capital investments and hire employees until they know how much it is going to cost, he said.Southern Co. CEO Tom Fanning said proposed new pollution controls on