One of the biggest US companies has warned that the country’s economy remains fragile, with recovery far from secure.
The alert came as DuPont and 3M, two of the biggest industrial companies, reported better than expected fourth-quarter results on Tuesday and raised their profit outlook for this year on the back of demand from emerging markets.
However, 3M raised worries on the outlook for it home market. George Buckley, chief executive of the diversified manufacturer and Dow component, said that recent US economic indicators and corporate earnings had been positive but a rise in employment levels was needed to lift the economy.
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