Buy American Made: Ways to Express Your Values With Your Pocket Book
In today’s global market, where products are manufactured has become a significant consideration for consumers. Many individuals seek to align their purchasing choices with their personal values, particularly by buying American-made products.
This article explores the importance of buying American-made goods and provides strategies for identifying truly American products in a market that can sometimes be misleading.
By making informed decisions and supporting local businesses, consumers have the potential to positively impact both the economy and society as a whole.
Key Takeaways
- Purchasing American-made products allows individuals to align their spending with their values.
- Buying American-made products can support local communities and small businesses.
- Labels such as USDA Organic and Made in USA Certified help consumers make environmentally conscious choices.
- Identifying truly American products can be challenging, so buyers should do their own research and remain cautious.
The Power of Purchasing: How Buying American-Made Products Reflects Your Values
Purchasing American-made products allows consumers to align their values with their spending choices, reflecting their commitment to supporting local businesses and ethical manufacturing practices. When consumers choose to buy American-made products, they are not only supporting the local economy, but also promoting fair labor practices and sustainable sourcing of materials.
Ethically sourced materials play a significant role in the production of American-made products, ensuring that the supply chain is transparent and free from exploitation.
Additionally, consumer education plays a crucial role in promoting the purchase of American-made products. By educating consumers about the benefits of buying American-made, they can make informed decisions and actively contribute to a more sustainable and ethical economy.
Ultimately, purchasing American-made products empowers consumers to make a positive impact by supporting local businesses and promoting ethical manufacturing practices.
Supporting Local Agriculture: Ethical Food Choices That Align With Your Pocket Book
Supporting local agriculture and making ethical food choices allows consumers to contribute to their community and promote sustainable farming practices. By purchasing locally grown or raised products, consumers support local farmers and reduce the distance between producers and consumers. This not only helps to strengthen the local economy but also allows consumers to have a direct impact on the quality and safety of their food.
Additionally, choosing food labels such as USDA Organic, free range, hormone-free, and grass-fed helps consumers make environmentally conscious choices. These labels indicate that the food has been produced using sustainable farming methods and supports the well-being of animals.
Finding Authentic American-Made Products: Tips and Resources to Guide Your Purchasing Decisions
One way to ensure the authenticity of American-made products is by checking for specific labels or certifications that indicate their origin. These labels serve as reliable resources for consumers who want to make informed purchasing decisions.
The ‘Made in the USA’ label, regulated by the Federal Trade Commission (FTC), is an important indicator of a product’s origin. However, it is essential for buyers to remain cautious and do their own research, as some companies may misuse this label. The FTC also receives complaints about mislabeled products, but investigations and penalties are limited.
To find authentic American-made products, consumers can rely on resources such as the National Center for Employee Ownership, which provides a list of companies owned by their employees. Additionally, regional and national firms are the main source of American-made products, and their status can be easily checked.
Assessing the American Content: Understanding the Criteria for Identifying Truly American Products
The American Automobile Labeling Act (AALA) requires automobiles and trucks to display the percentage of domestically produced content. This act aims to provide consumers with information about the origin of the components used in their vehicles.
To further assess the American content of vehicles, the Kogod Made in America Auto Index incorporates the AALA and adds additional criteria. This index allows consumers to compare the American content of different vehicles and make informed purchasing decisions.
However, outside of automobiles, textiles, and furs, there is no specific identification of product origin or components required. This poses challenges in identifying truly American products, as companies can claim a product is ‘Made in the USA’ as long as it has negligible foreign content and final assembly or processing in the U.S.
Buyers should therefore remain cautious and do their own research when relying on the ‘Made in the USA’ label.
Overall, the AALA and the Kogod American Content Index provide valuable tools for assessing the American content of products and making informed purchasing decisions.
Navigating Challenges: Ensuring Your Purchases Reflect Your Values Amidst Misleading Claims
Amidst misleading claims, it is crucial to carefully navigate the challenges of ensuring that your purchases truly align with your values.
While the Federal Trade Commission (FTC) regulates the ‘Made in the USA’ label, investigations and penalties are limited. The FTC often receives complaints from manufacturing competitors, but settlements with no civil penalties are common.
However, California has stricter regulations and higher penalties for misusing the ‘Made in the USA’ label. Buyers should remain cautious and do their own research when relying on the label.
It is important to be aware of FTC regulations and the potential penalties in California to avoid falling victim to misleading claims. By understanding these regulations and penalties, consumers can make informed decisions and ensure that their purchases reflect their values.
Frequently Asked Questions
How Can Buying American-Made Products Reflect Your Values?
Buying American-made products allows individuals to support their local economy and preserve American jobs. By making conscious purchasing choices, consumers align their values with their pocketbooks, contributing to the well-being of their community and the nation.
What Are Some Resources to Help You Find Authentic American-Made Products?
Online directories and local craft fairs are valuable resources for finding authentic American-made products. These platforms provide access to a wide range of products, allowing consumers to support local businesses and make informed purchasing decisions.
What Criteria Are Used to Assess the American Content of Vehicles?
Assessment criteria are used to evaluate the American content of vehicles, including the American Automobile Labeling Act and the Kogod Made in America Auto Index. Manufacturing regulations require companies to accurately label products as "Made in the USA."
How Does the Federal Trade Commission Regulate the "Made in the Usa" Label?
The Federal Trade Commission regulates the ‘Made in the USA’ label, ensuring that companies claiming this designation meet certain criteria, such as negligible foreign content and final assembly or processing in the U.S. However, investigations and penalties are limited, and buyers should exercise caution when relying on this label.
What Challenges Do Consumers Face in Identifying Truly American Products?
Identifying American products can pose challenges for consumers. The Federal Trade Commission regulates the "Made in the USA" label, but investigations and penalties are limited. Consumers should remain cautious and do their own research to ensure product origin.
Behind the Label: How the FTC’s ‘Made in USA’ Crackdown Is Reshaping Trust in American Brands
in Country of Origin (COOL), FTC, Made in USAA few months ago, while searching for a birthday gift for a friend, I thought I’d struck gold with a coffee mug stamped “Made in USA.” Imagine my embarrassment when, after some digging (and a slightly suspicious price tag), I discovered it was Made in China.
Turns out, I’m far from alone: the Federal Trade Commission (FTC) is getting tough on companies faking their “Made in USA” claims, disrupting not just shoppers’ trust but the entire marketplace. Let’s dig into why this crackdown is a big deal for brands and buyers, and how you (and I) can avoid being duped again.
TL;DR: The FTC’s push for honest ‘Made in USA’ labeling means bigger consequences for cheats—and more chances for authentic American brands to shine. Seek out transparency, ask questions, and support the makers who truly keep it local. Read more
What Does “Made in the USA” Really Mean? The Heart, Soul, and Future of American Manufacturing
in Domestic Sourcing, Economy, Education, Made in USAWhy “Made in the USA” Still Matters
For generations, the label “Made in the USA” has stood as a symbol of quality, patriotism, and economic strength. In today’s globalized economy, the significance of American manufacturing has evolved but remains more crucial than ever. As reshoring/insourcing and buying local gain traction, consumers, businesses, and policymakers are revisiting what it means to support American-made goods.
Read more
Don’t Say ‘Thank You For Your Service’ On Memorial Day
in Military“I hope you’re having a meaningful day.”
That might be one of the better things to say to a veteran on Memorial Day. You should probably avoid the common refrain, “Thank you for your service,” according to someone who should know.
Read more
Memorial Day Traditions and Ways to Remember our Nation’s Heroes
in MilitaryBeyond the Memorial Day sales and 3-day weekend – Memorial Day holds great importance in the hearts of Americans. We were founded on a great love and passion for freedom and that freedom comes at a price.
Read more
What does the USDA stamp mean? Hint, it’s not Made in America.
in Food ProductsDo you know where your beef is from? Chances are you don’t.
Just because your beef is stamped ”USDA” does not mean that it came from cattle in the USA.
Beef sold in the United States is sourced from over 20 different countries and comes here to be packaged and stamped “USDA.” The majority of cattle come from Canada or Mexico, but even those countries have vastly different laws than the US on caring for that cattle.
Read moreMisrepresentation and False Claims: Albion Fined False Made In USA Claims
in FTCThe recent legal repercussions faced by Albion Engineering Corp. for false ‘Made in USA’ claims highlight a critical aspect of consumer trust and market integrity. With a substantial $2 million fine imposed by the U.S. District Court, the case reveals the gravity of misleading product origin declarations.
As the lawsuit unfolds, it prompts reflection on the broader implications of deceptive marketing practices and their impact on businesses and consumers.
Stay tuned to discover how this legal action is a cautionary tale for companies managing the delicate balance between competitiveness and ethical transparency in the marketplace.
Read moreSuper Bowl Sunday: 45 Fun Facts Including Some Made in USA Brands
in Made in USAFinal Blow to US Manufacturing: Last Terry Plant Shuts Down
in Factory Closings, ManufacturingThe closure of the last remaining terry plant in the United States marks a significant milestone in the decline of domestic manufacturing. This development serves as a somber reminder of the uphill battle faced by American producers in the global economy. Rising operational costs and the allure of cheap labor overseas have made it increasingly challenging for domestic manufacturers to compete.
However, the ramifications of this closure extend far beyond the plant itself. The impact on local communities, small businesses, and the overall American economy cannot be understated. As we explore the implications of this closure, it becomes clear that the future of the domestic textile industry is at stake.
In order to revive and sustain American manufacturing, innovative strategies and a reevaluation of trade policies will be crucial. The closure of the last terry plant serves as a wake-up call, highlighting the urgent need for action and the potential consequences if we fail to address this issue.
Read moreKubota Slapped With Historic Penalty for False 'Made in USA' Claims
in Country of Origin (COOL), FTC, Made in USA, Made in USA CertifiedIn recent times, Kubota North America Corporation, a prominent player in the tractor and heavy equipment manufacturing industry, has been handed a hefty $2 million civil penalty by the Department of Justice. This penalty, the result of a legal wrangle involving allegations of misrepresenting the origins of replacement parts, has been dictated by the Federal Trade Commission (FTC).
The FTC claims that Kubota has breached the Made in USA labeling rule, asserting that the company failed to amend product labels to denote the true origins of parts accurately. This instance is not the first of its kind, as it echoes a similar violation by a Kubota subsidiary in 1999.
It’s critical to note that Kubota is displaying an active commitment to resolving these issues, cooperating fully with the U.S. government and putting into place improved labeling accuracy measures. Such an unprecedented case brings into question the broader implications for other manufacturers and the enforcement of the Made in USA Labeling Rule.
Read moreWhat does “MADE IN USA” mean?
in FTC, Government, Made in USA, NewsThere is so much discussion these days around the MADE IN USA label. What does it take to use the label “Made in USA” and can you trust it when you see it?
This article will tell you everything you need to know.
Read moreBuy American Made: Ways to Express Your Values With Your Pocket Book
In today’s global market, where products are manufactured has become a significant consideration for consumers. Many individuals seek to align their purchasing choices with their personal values, particularly by buying American-made products.
This article explores the importance of buying American-made goods and provides strategies for identifying truly American products in a market that can sometimes be misleading.
By making informed decisions and supporting local businesses, consumers have the potential to positively impact both the economy and society as a whole.
Key Takeaways
The Power of Purchasing: How Buying American-Made Products Reflects Your Values
Purchasing American-made products allows consumers to align their values with their spending choices, reflecting their commitment to supporting local businesses and ethical manufacturing practices. When consumers choose to buy American-made products, they are not only supporting the local economy, but also promoting fair labor practices and sustainable sourcing of materials.
Ethically sourced materials play a significant role in the production of American-made products, ensuring that the supply chain is transparent and free from exploitation.
Additionally, consumer education plays a crucial role in promoting the purchase of American-made products. By educating consumers about the benefits of buying American-made, they can make informed decisions and actively contribute to a more sustainable and ethical economy.
Ultimately, purchasing American-made products empowers consumers to make a positive impact by supporting local businesses and promoting ethical manufacturing practices.
Supporting Local Agriculture: Ethical Food Choices That Align With Your Pocket Book
Supporting local agriculture and making ethical food choices allows consumers to contribute to their community and promote sustainable farming practices. By purchasing locally grown or raised products, consumers support local farmers and reduce the distance between producers and consumers. This not only helps to strengthen the local economy but also allows consumers to have a direct impact on the quality and safety of their food.
Additionally, choosing food labels such as USDA Organic, free range, hormone-free, and grass-fed helps consumers make environmentally conscious choices. These labels indicate that the food has been produced using sustainable farming methods and supports the well-being of animals.
Finding Authentic American-Made Products: Tips and Resources to Guide Your Purchasing Decisions
One way to ensure the authenticity of American-made products is by checking for specific labels or certifications that indicate their origin. These labels serve as reliable resources for consumers who want to make informed purchasing decisions.
The ‘Made in the USA’ label, regulated by the Federal Trade Commission (FTC), is an important indicator of a product’s origin. However, it is essential for buyers to remain cautious and do their own research, as some companies may misuse this label. The FTC also receives complaints about mislabeled products, but investigations and penalties are limited.
To find authentic American-made products, consumers can rely on resources such as the National Center for Employee Ownership, which provides a list of companies owned by their employees. Additionally, regional and national firms are the main source of American-made products, and their status can be easily checked.
Assessing the American Content: Understanding the Criteria for Identifying Truly American Products
The American Automobile Labeling Act (AALA) requires automobiles and trucks to display the percentage of domestically produced content. This act aims to provide consumers with information about the origin of the components used in their vehicles.
To further assess the American content of vehicles, the Kogod Made in America Auto Index incorporates the AALA and adds additional criteria. This index allows consumers to compare the American content of different vehicles and make informed purchasing decisions.
However, outside of automobiles, textiles, and furs, there is no specific identification of product origin or components required. This poses challenges in identifying truly American products, as companies can claim a product is ‘Made in the USA’ as long as it has negligible foreign content and final assembly or processing in the U.S.
Buyers should therefore remain cautious and do their own research when relying on the ‘Made in the USA’ label.
Overall, the AALA and the Kogod American Content Index provide valuable tools for assessing the American content of products and making informed purchasing decisions.
Navigating Challenges: Ensuring Your Purchases Reflect Your Values Amidst Misleading Claims
Amidst misleading claims, it is crucial to carefully navigate the challenges of ensuring that your purchases truly align with your values.
While the Federal Trade Commission (FTC) regulates the ‘Made in the USA’ label, investigations and penalties are limited. The FTC often receives complaints from manufacturing competitors, but settlements with no civil penalties are common.
However, California has stricter regulations and higher penalties for misusing the ‘Made in the USA’ label. Buyers should remain cautious and do their own research when relying on the label.
It is important to be aware of FTC regulations and the potential penalties in California to avoid falling victim to misleading claims. By understanding these regulations and penalties, consumers can make informed decisions and ensure that their purchases reflect their values.
Frequently Asked Questions
How Can Buying American-Made Products Reflect Your Values?
Buying American-made products allows individuals to support their local economy and preserve American jobs. By making conscious purchasing choices, consumers align their values with their pocketbooks, contributing to the well-being of their community and the nation.
What Are Some Resources to Help You Find Authentic American-Made Products?
Online directories and local craft fairs are valuable resources for finding authentic American-made products. These platforms provide access to a wide range of products, allowing consumers to support local businesses and make informed purchasing decisions.
What Criteria Are Used to Assess the American Content of Vehicles?
Assessment criteria are used to evaluate the American content of vehicles, including the American Automobile Labeling Act and the Kogod Made in America Auto Index. Manufacturing regulations require companies to accurately label products as "Made in the USA."
How Does the Federal Trade Commission Regulate the "Made in the Usa" Label?
The Federal Trade Commission regulates the ‘Made in the USA’ label, ensuring that companies claiming this designation meet certain criteria, such as negligible foreign content and final assembly or processing in the U.S. However, investigations and penalties are limited, and buyers should exercise caution when relying on this label.
What Challenges Do Consumers Face in Identifying Truly American Products?
Identifying American products can pose challenges for consumers. The Federal Trade Commission regulates the "Made in the USA" label, but investigations and penalties are limited. Consumers should remain cautious and do their own research to ensure product origin.
Know The Difference Between Made in USA and Assembled in USA
in American Made, Country of Origin (COOL), Domestic Sourcing, Made in USA, Made in USA CertifiedMade in USA. Three little words with a not-so-little impact! Read more
Attracting Future Generations of US Manufacturing Workers
in Education, Manufacturing, Production, Skills Gap, STEM, TechnologyWe’ve got a real problem on our hands in America. A gap’s growing between US manufacturing workers set to retire in the next 10 to 15 years and those on the other end of the spectrum. Despite the exciting and innovative things happening in the industry, millennials’ outdated perception of shop-floor jobs increasingly precludes them from following the career path. And Gen-Z, thumb deep in their smartphones, face an even more significant disconnect. Read more
How You Can Make ‘Made in America’ Cool Again
in American Made, Consumer Products, Made in USA, ManufacturingIn a world where products from every corner of the globe flood our markets, the allure of locally made items, specifically ‘Made in America,’ is experiencing a resurgence. The charm of homegrown craftsmanship, the reassurance of quality, and the boost to our economy are some compelling reasons to rekindle our love affair with products made on American soil.
This blog aims to spark a conversation on the significance of supporting local businesses and how we can make ‘Made in America’ cool again. Let’s delve into this exciting journey of rediscovering and redefining American coolness!
Read more
Why It’s Time to Bring Manufacturing Back Home to the U.S.A.
in Jobs, Made in USA, Manufacturing, ReshoringIn the last decade, we’ve lost millions of manufacturing jobs to outsourcing. According to U.S. News and World Report, there are now 5.1 million fewer American manufacturing jobs than in 2001. The lure of low wages, tax advantages, and other cost savings has made for a seemingly straightforward calculus, and manufacturer after manufacturer, supported by intricate spreadsheets, has abandoned ship until offshoring has become the emerging mantra of the new millennium. U.S. companies that still manufacture locally have slowly become outliers.
Read more
Meet Harvest Array – An Online Marketplace Focused on Selling Products Made in USA
in American Made, Made in USA, MarketplaceWe recently spoke with Randy Kreider, owner of Harvest Array, an online marketplace dedicated to selling Made in the USA products.
Harvest Array started as an idea. They had an idea and worked tirelessly to bring it to life, all while staying committed to a very special mission—promoting products with a country of origin of “Made in USA.”
Their business has caught the attention of many, and we are fortunate to have them as part of the MAM Family.
In this article, we will explore the tale of our newest MAM member, tracing their path from a simple idea to a thriving business that focuses on American-made products. We will uncover the challenges they encountered along the way, their strategies to overcome obstacles, and the invaluable lessons they learned throughout their entrepreneurial journey.
Prepare to be inspired by their unwavering dedication, creative problem-solving, and passion for every American-made product they offer. Through their story, we aim to instill a sense of pride in supporting products with the “Made in USA” label.
Read moreBecoming a Lean Enterprise is Critical to Rebuilding American Manufacturing
in Government, Made in USA, News, Policy Makers, Public PolicyWhen I wrote the chapter on what manufacturers can do to save themselves for my first book, Can American Manufacturing be Saved? Why we should and how we can, published in 2009, one of my top recommendations was to begin the Lean journey to become a Lean manufacturer.
Read moreInventors’ Rights Must Be Restored
in Government, Made in USA, News, Policy Makers, Public PolicyEver since the Leahy–Smith America Invents Act (AIA) was passed in 2011, there have been bills introduced in Congress with the purported purpose of restoring inventors’ rights and fixing some of the problems generated by that Act. None of these bills were passed by both the House and Senate, and most didn’t even get out of committee for a vote. A few of these bills would have actually made matters worse, so it was a good thing they didn’t pass.
Besides changing our patent system from a “first to invent” to a “first to file,” the “America Invents Act” also created the Patent Trial and Review Board (PTAB) which has nearly destroyed inventors’ rights. According to the U S Inventors end of the year report, “The Patent Trial and Appeal Board (PTAB) has canceled claims in 84% of the 2,500+ patents reviewed since 2011 and most inventors do not have a half a million dollars necessary to fund a legal defense.”
Read moreIndustrial Policy Must Protect American Manufacturers
in Made in USAOn November 29, 2021, the Peterson Institute for International Economics released a 110-page brief, titled “Scoring 50 Years of US Industrial Policy, 1970–2020,” which reviews “lessons learned from half a century of US industrial policy” with regard to what worked and what didn’t.
Read moreChina is a Threat to our National Security
in Made in USAOn November 17, 2021, the U.S.-China Economic and Security Review Commission held a virtual public release of its 2021 Annual Report to Congress in Washington, DC. This report provides “a review of economics, trade, security, political, and foreign affairs developments in 2021” with a focus on the “CCP’s economic and technological ambitions, the Chinese government’s evolving control of the corporate sector, U.S.-China financial connectivity and risks to U.S. national security, China’s nuclear forces, Chinese military capabilities and decision-making for a war over Taiwan…”
Read moreBuy Less and Buy American for the Holidays and Beyond
in Made in USAAmericans already feel the effects of supply chain shortages even before the traditional holiday shopping season starts on Back Friday, the day after Thanksgiving. Ads by retailers are advising consumers to do their holiday shopping early to avoid not being able to get the items they want to give as presents. Even if you buy early, holiday shopping won’t be easy this year. Since the supply chain shortage is predicted to last well into next year, the solution is to buy less and buy American.
Read moreAmerican Manufacturers and Consumers Fund Chinese Military Buildup
in Made in USAMajor retailers and thousands of small businesses face a bleak holiday season without Chinese goods to sell because of the long lineup of container ships from China waiting to enter major ports to offload their cargo.
It seems like Americans have to learn lessons the hard way. During the early stage of the COVID pandemic, there was a serious shortage of masks, ventilators, and other PPE equipment and supplies because we had become dependent on China for these goods. Now, American consumers are experiencing shortages in common consumer products at retail stores, and manufacturers are facing long lead times for components, ICs (chips), and other parts and assemblies. These shortages are projected to get worse before they improve sometime in 2022.
Read moreCOOL Online Act Benefits Consumers Better thn Shop Safe Act
in Made in USAAs more and more American consumers turn to buying products online instead of in person at brick-and-mortar stores, they become increasingly vulnerable to counterfeit goods and are unable to determine where the products have been made. Country of Origin information is missing from the major online platforms so consumers are unable to fellow Americans by choosing to “Buy American” for products sold online. Without knowing Country of Origin, they are not able to boycott buying products made in China by slave labor or protest the ethnic cleansing of the Uyghurs by the Chinese government.
Read moreSouth Carolina Inventors Forum Founder Devoted to Helping Inventors
in Made in USAWhen my first book, Can American Manufacturing Be Saved? Why We Should and How We can was published in May 2009, I introduced it as a speaker at the Del Mar Electronics & Design Show in San Diego, CA and displayed it at my company’s booth. One of the persons who stopped by and bought my book was Adrian Pelkus, President of A Squared Technologies, Inc. and leader of a group called the San Diego Inventors Forum. Adrian invited me to the next meeting of the group and I accepted his invitation. Since June 2009, I have regularly attended SDIF meetings and became a board member when it was formally incorporated in 2014. Our meetings provide information that helps inventors take a product from design concept, fundraising, producing, and successfully marketing the product. I give an annual presentation titled “How to Select the Right Processes and Sources for Your Product” and we hold an annual inventors contest with cash prizes. We haven’t held in-person meetings since the COVID pandemic shutdown started in March 2020, but will start meeting again this fall.
Read moreU S.Inventors Continue Fight to Restore Patent Rights
in Made in USASeptember 16, 2021 marks the 10th anniversary of the America Invents Act (AIA) at the Decade of Stolen Dreams Inventor Rally organized by US Inventor, Inc., a non-profit association of inventors devoted to protecting the intellectual property of individuals and small companies. It represents its 13,000 inventor and small business members by promoting strong intellectual property rights and a predictable U.S. patent system through education, advocacy and reform.
Read moreUSITC Report Reveals Only Small Positive Effect from Trade Agreements
in Made in USAOn June 29, 2021, the U.S. International Trade Commission (USITC) released a report on the economic impact of the many bilateral, regional, and multilateral trade agreements that the U.S has signed since 1984. These include NAFTA, that went into effect in 1994, the multilateral trade deal that created the World Trade Organization in 1995, as well as bilateral trade agreements such as KORUS (Korea-U. S). It also examined the one-year-old U.S.-Canada-Mexico Agreement, which replaced the original NAFTA. However, it did not examine the effects of the agreement struck by the United States to pave the way for China to enter the WTO in 2001.
Read moreSales Factor Tax Apportionment is Better than G-7 Proposal
in EconomyFor many years, the Organization for Economic Cooperation and Development (OECD) has been coordinating talks among 140 countries on cross-border tax reform in order to get multi-national corporations to pay their fair share of taxes. Currently, multinational corporations that have subsidiaries or divisions in other countries use legal accounting strategies to reduce their taxes by transferring profits to lower corporate tax rate countries or set up shell corporations in tax haven countries. It’s not fair for multinational firms to sell products in the U.S. market and then pay little or no federal taxes on the resulting profits. Domestic companies bear the brunt of our country’s tax burden, making it more difficult for them to compete in the global marketplace.
Read moreAsian, Black, and Hispanic Americans Suffer from Loss of High Paying Manufacturing Jobs
in ManufacturingOn May 24th, the Coalition for a Prosperous America released a new working paper, “Job Quality Index for Black, Hispanic and Asian American workers. In this working paper, Jeff Ferry, CPA Chief Economist, and Amanda Mayoral, CPA Economist, present Job Quality Indexes for three important minority groups within the U.S. workforce: Asian, Black, and Hispanic Americans.
Read moreMobile Maker Spaces Help Entrepreneurs Grow New Manufacturing Businesses
in ManufacturingMakerspaces are a good idea for any community that wants to accelerate the development of manufacturing businesses in their region. According to Makerspaces.com, a Makerspace “is a collaborative work space inside a school, library or separate public/private facility for making, learning, exploring and sharing that uses high tech to no tech tools. These spaces are open to kids, adults, and entrepreneurs and have a variety of maker equipment including 3D printers, laser cutters, CNC machines, soldering irons and even sewing machines.”
Read moreHow Technology & Currency Policy Contribute to ‘Build Back Better’
in Made in USAThe panels on the third day (March 25th) of the virtual CPA conference highlighted how the technology industry contributes to national security and the economy as well as how a currency policy would contribute to President Biden’s “Build Back Better” industrial strategy.
Read more