# Professor Lawrence White is interviewed about the long-term prospects of General Electric for investors

1 Faculty News November 15, 2017 ![TheStreet logo](/sites/default/files/styles/246w/public/assets/images/thestreet.jpg?itok=2XiyrQ8_)>

Excerpt from [TheStreet](https://www.thestreet.com/video/14391458/general-electric-s-declines-shouldn-t-signal-panic-about-the-broader-markets.html) -- "'The other thing to remember is GE is basically a manufacturing company, especially since it spun off a lot of its financing, it's a manufacturing company. Manufacturing is less than 10 percent of the US economy, yes it's been expanding a little bit, but we are a services oriented economy, have been for a long time. This is not 1957, this is 2017 and we are going to continue to be a services oriented economy.'"

[Read more](https://www.thestreet.com/video/14391458/general-electric-s-declines-shouldn-t-signal-panic-about-the-broader-markets.html)