This article suggests that manufacturing in the United States has been growing at its slowest pace, and many jobs in the factory industry have been lost because of it. The causes of this have said to be the strength of the US dollar (hurts exports, leads to job cuts) and decrease spending by the oil industry. The global economy is also showing some weakness, and this hurts everyone (all part of the global economy).
The regression is similar to what happened during the Panic of 1819. The Panic of 1819 was caused by an economic crash and lead to a period of depression. It was the first major financial crisis in the new Republic. Although the situation in the article is not as extreme, some less extreme forms of the same effects take place. This includes the losing of jobs and overall decrease of the global economy. The economy (currently) in showing signs of a small scale regression, which is similar to what happened leading up to the worst parts of the Panic of 1819.
http://www.bbc.com/news/business-34703571
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