It Takes More than Economics 101 to Compete With China
We have heard a great deal this year about manufacturing coming back to the United States. We hear about the diminishing wage gap in some Asian countries and the possibility of lower U.S. energy prices. In addition,…
Manufacturing Growth Is Fastest In 2½ Years
A Wilson Sporting Goods factory in Ada, Ohio. (Photo: Skip Peterson, AP file)
Manufacturing activity in the U.S. expanded at the fastest pace in 2½ years last month, getting a boost from overseas growth and a strong…
The Real Reason Why Washington Should Care About Manufacturing
Manufacturing matters because it’s simply impossible to have a vibrant national economy without a healthy globally traded sector, and manufacturing is America’s most important traded sector.
Manufacturing…
Why America Needs a National Manufacturing Strategy
A national manufacturing strategy would help U.S. industries stay on the cutting-edge of emerging technologies, enhance overall knowledge generation and thereby prevent economy-wide erosion of innovation capacity even…
Consumer Confidence Plunges On Shutdown
WASHINGTON (AP) — Americans' confidence in the economy fell this month to the lowest level since April, as many worried about the impact of a 16-day partial government shutdown. The decline could weigh on spending…
Private Sector Adds 130,000 Jobs in October
Prospective job seekers meet Oct. 24 with company reps at the annual "Honor a Hero -- Hire a Vet" job fair in Van Nuys, Calif. (Photo: Frederic J. Brown, AFP/Getty Images)
The 16-day government shutdown hurt jobs growth…
Owens Corning To Establish Manufacturing Facility In Gastonia, N.C.
Toledo, Ohio-based glass fiber reinforcements and engineered materials producer Owens Corning will invest $120 million to establish a manufacturing facility at the N.C. Certified Gastonia Technology Park in Gastonia,…
OLYMPIC TEAM USA UNIFORMS GET MADE IN USA LABEL
NEW YORK (AP) — Team USA will now wear the Made in the USA label. Every article of clothing made by Ralph Lauren for the U.S. Winter Olympic athletes in Sochi, including their opening and closing ceremony uniforms and their Olympic…
Made In The U.S.A. Should Boost The Dollar
U.S. consumers are spending more money on domestic goods and services at the cost of imports, and this trend will likely boost the dollar in the medium term, according to a B. of A. Merrill Lynch Global Research…