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U.S. Factories Buck Decline
Keywords:
Manufacturing in the US is adding jobs for the first time since 1997, according to government data. Job growth in 2010 was 1.2%, or 136,000 jobs. IHS Global Insight expects total manufacturing jobs in the US to increase in 2011 to 12 million. Manufacturing will be a modest contributor to job growth according to economists. Economists projections show a gain of 2.5% or 330,000 manufacturing jobs in 2011. Moody's Analytics estimates job growth of 2% a year through 2015. Government incentives, need to replace aging equipment and rehiring in the automobile industry will help manufacturing. At the same time manufacturers are cautious about hiring and increases in automation reduce the need for workers compared to earlier periods. Overall the loss of about 6 million manufacturing jobs since 1997 will not be made up. Yet the improvement is a positive sign as the US faces high unemployment and companies make investment in new factories overseas to meet growth in emerging markets.
American manufacturing and the severe decline after the financial crisis of 2008.
01/20/2008
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After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
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Strong Dollar Stands in Manufacturing Sector’s Way
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Airbus-Boeing Speed Race Increasingly Takes Place on the Ground
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Airbus Set to Open Jetliner Production Plant in the U.S.
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Amy Goldstein on life and work in U.S. communities with a eroding manufacturing base such as Janesville, Wisconsin
04/07/2009
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Andy Grove: How America Can Create Jobs
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Bayer: Pressure on Prices Has Bad Side Effects
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New York Times 02/08/2012
Economy Falling Years Behind Full Speed
New York Times 04/07/2009
Apple iPhone manufacturing in China, and the U.S. trade deficit
07/01/2010
How much of the iPhone is manufactured in China? 3.6% by China's Hon Hai, but this does not account for South Korean and Japanese suppliers using manufacturing bases in China. German suppliers also have Chinese factories. Production costs at Hon Hai itself are rock bottom, as a result the other parts would be too expensive if not manufactured in China. Reliable statistics would include the value of all suppliers who build i-phone parts in China and take into account the impact on the US of manufacturing jobs that would otherwise be available in the US.
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Andy Grove: How America Can Create Jobs
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Apple Says App Store Sales Rose 50% in 2014
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Apple Services Shut Down in China in Startling About-Face
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Currency and Exchange rate swings and German, Japanese, Korean automakers factory expansion in the U.S.
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Toyota's New U.S. Plan: Stop Building Factories
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German Auto Makers Rev Up U.S. Output
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Manufacturing activity in the U.S. 2012-2013
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Factories Retrench Amid Downturn Worries
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As Unions Lose Their Grip, Indiana Lures Manufacturing Jobs
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Does America Need Manufacturing?
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Whirlpool Shifts Some Production to U.S. From Mexico
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U.S. Productivity Growth Has Taken a Dive
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Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
U.S. manufacturing 2010-2015
04/07/2009
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New York Times 08/24/2011
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
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Wall Street Journal 12/20/2013
Wall Street Journal 10/02/2010
Economy Falling Years Behind Full Speed
New York Times 04/07/2009
Why Manufacturing Still Counts in the U.S. Economy
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Japan's automakers recovery in 2012-2013
01/19/2011
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Japan Seeks to Squelch Its Tiny Cars
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Japan Car Makers Report Strong Sales
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01/02/2011
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U.S. Auto Sales Surge in December
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Younger Buyers Help Keep U.S. Car Sales Humming
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Unemployment Puts Brakes on Auto Recovery
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GM Chief: Industry Ill-Placed for Oil Shock
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The U.S. government's recovery of funds used to bailout insurers, banks, Fannie, Freddie, and auto companies
11/16/2010
The US government still has a ways to go to recover funds from the auto bailouts. AIG is still costly. Fannie and Freddie are an entirely different story, a debacle with huge additional funds needed.
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Fannie, Freddie Payments Nearly Match Aid
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White House Rejects Fannie-Freddie Recapitalization Plans
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Lean manufacturing and employee ideas for improvement as Boeing ramps up 737 production
01/19/2011
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Boeing Teams Speed Up 737 Output
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Airplane Makers Automate to Meet Surging Demand
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Export of manufacturing jobs from the U.S.
07/01/2010
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Andy Grove: How America Can Create Jobs
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Wall Street Journal 10/02/2010
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
Why Manufacturing Still Counts in the U.S. Economy
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A realization that the idea of America transitioning to a services based economy without impairing jobs was fundamentally wrong
04/17/2006
The need for a strong and growing manufacturing base in the U.S. is one key realization for business leaders from the heads of Boeing, Intel and GE, and other business leaders to leaders in government. Failure to do this simply breeds a sense of pessimism about the future and creates an economy that leaves many productive people jobless, creates unsustainable trade deficits and foreign borrowing. Jeffrey Immelt says this in an op-ed piece in the Washington Post on the day he is appointed to head the President's Council on Jobs.
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Growth isn’t enough to help the middle class - The Washington Post
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Why Manufacturing Still Counts in the U.S. Economy
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The Auto Industry Bailout and Mitt Romney
01/06/2008
Mitt Romney opposed the auto industry bailout. An article by Romney with the title "Let Detroit Go Bankrupt," appeared in the New York Times at the time of the bailout. Auto executive Bob Lutz says he was profoundly disappointed by Romeny's position, as the situation was at a point where government loans were necessary. Auto executives see the vindication of their position in the recovery of Chrysler, GM and Ford Motor. In a bit of irony Romney, who is from Michigan, announced his candidacy for the 2008 presidential election at the Ford Museum in Dearborn. GM and Chrysler went into bankruptcy, but this was a planned bankruptcy, with the support of the U.S. government and a pathway set with loans and conditions so that would lead to eventual recovery. The fear was that a chaotic bankruptcy process would permanently impair the American auto manufacturing industry- and the planned bankruptcy with government conditions and loans was meant to avert this and still allow shedding or restructuring of burdensome obligations- as this way buyers would still have confidence to buy automobiles from GM and Chrysler. Auto executives point out that the private markets had already shut out GM and Chrysler from financing. Retired GE executive supported a planned bankruptcy with government help, because of the importance of the auto industry to the U.S. economy, in the Nov. 18, 2008 issue of Business Week.
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Bailout Stand Trails Romney in Car Country
New York Times 02/19/2012
Dow Chemical's CEO on How to Revive Manufacturing
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Anthony Liveris, Dow Chemical CEO, on ways to revive Manufacturing in the U.S.
07/01/2010
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Wall Street Journal 12/20/2013
Wall Street Journal 10/02/2010
China's Export Pain May Be Mexico's Gain
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Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
Comparitive advantage, free trade, jobs and the role of manufacturing in the U.S.
07/01/2010
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Does America Need Manufacturing?
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Andy Grove: How America Can Create Jobs
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Wall Street Journal 10/02/2010
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
A part-timer boom, or blip? - The Washington Post
Washington Post 07/16/2014
Why Manufacturing Still Counts in the U.S. Economy
Wall Street Journal 01/14/2015
Honda's expansion of U.S. manufacturing in 2012-2013 to export cars and SUV's
01/19/2011
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Wall Street Journal 12/21/2011
Honda CEO Rethinks Car Maker’s Priorities
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Why Gas Feels Cheap—and Why It’s Not, Historically Speaking
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Honda Names Takahiro Hachigo New President
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Honda Bolsters Its Production in North America
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Wall Street Journal 08/20/2012
Manufacturing and Innovation
07/01/2010
How a decline in manufacturing, which the U.S. has experienced, depresses innovation capabilities. Germany and Japan have tried to maintain manufacturing strengths.
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Wall Street Journal 10/02/2010
Boeing Teams Speed Up 737 Output
Wall Street Journal 02/07/2012
Bayer: Pressure on Prices Has Bad Side Effects
Wall Street Journal 02/07/2012
The strike at Caterpillar's Joliet, Illinois plant, its Canadian plant and efforts to improve U.S. manufacturing competitiveness
01/19/2011
Grouped Articles
Whirlpool Shifts Some Production to U.S. From Mexico
Wall Street Journal 12/20/2013
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/2012
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Wall Street Journal 03/24/2015
Caterpillar Union Bows to Demands
Wall Street Journal 08/18/2012
Wall Street Journal 01/06/2012
New York Times 09/26/2011
U.S. manufacturing cost-competitiveness with China and Mexico leading to the return of outshored manufacturing jobs
07/01/2010
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China Manufacturers Survive by Moving to Asian Neighbors
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China Factories Try Karaoke, Speed Dating to Keep Workers
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Does America Need Manufacturing?
New York Times 08/24/2011
Mexico, China Seek to Jump-Start Trade
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Strains Show in China's Job Market
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Robots May Revolutionize China's Electronics Manufacturing
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Ford Motor and the tenuous auto sales recovery in 2011-2012
01/02/2011
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Unemployment Puts Brakes on Auto Recovery
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BusinessWeek 02/03/2011
Why Are General Motors Shares Stuck in Reverse?
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Pendulum Swings Back Toward Detroit
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Wall Street Journal 06/08/2011
Carmakersâ Goals Stretch Credulity
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Recovery in U.S. auto sales in 2012-2014
01/02/2011
Grouped Articles
Auto Makers Rebound as Buyers Go Big
Wall Street Journal 01/04/2014
U.S. June Auto Sales Keep Climbing
Wall Street Journal 07/02/2014
Incentives Boost U.S. Auto Sales in July
Wall Street Journal 08/02/2014
Auto Sales Trends Echo Troubled Past
Wall Street Journal 11/03/2014
U.S. Auto Sales Surge in December
Wall Street Journal 01/06/2015
U.S. Car Sales Set Record in 2015
Wall Street Journal 01/06/2016
The huge turnaround in car loans and auto loan backed securities that is backing the recovery in U.S. auto sales in 2011-2013
01/02/2011
U.S. car sales are expected to be between 14 to 15 million in 2012. The recovery in auto sales is supported by a huge rebound in car loans and in the securities backed by car loans.
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U.S. June Auto Sales Keep Climbing
Wall Street Journal 07/02/2014
The New Rules of Borrowing for Homes, Autos and College
Wall Street Journal 09/13/2014
U.S. Auto Sales Surge in December
Wall Street Journal 01/06/2015
U.S. Car Sales Set Record in 2015
Wall Street Journal 01/06/2016
Wall Street Journal 08/14/2012
Wall Street Journal 12/04/2012
Boeing Dreamliner 787 in 2010-2013
04/17/2006
Grouped Articles
Boeing's Key Mission: Cut Dreamliner Cost
Wall Street Journal 01/08/2014
Boeing Says Dreamliner's Reliability Still Falls Short
Wall Street Journal 07/14/2014
Boeing Finalizes Stretch Dreamliner's Design
Wall Street Journal 07/02/2010
Boeing Brings in Old Hands, Gets an Earful
Wall Street Journal 07/19/2010
Boeing: Electric Panel, Insulation Caused Fire
Wall Street Journal 11/12/2010
Turbulence: The Pain of Change at Boeing - Off the Shelf
New York Times 11/20/2010
Airbus and Boeing handling of complex manufacturing processes for the Dreamliner and the Airbus 350- new approaches
10/15/2007
Both the Dreamliner and the Airbus 350 faced manufacturing problems, major delays and cost overruns. Boeing and EADS Airbus learned a lot from this experience and are changing the way they approach manufacturing.
Grouped Articles
Airbus Unveils Jet and Broadens Rivalry With Boeing
New York Times 06/14/2013
Boeing Brings in Old Hands, Gets an Earful
Wall Street Journal 07/19/2010
Boeing's Key Mission: Cut Dreamliner Cost
Wall Street Journal 01/08/2014
Boeing Teams Speed Up 737 Output
Wall Street Journal 02/07/2012
Airbus Vows to Fly With Own Wings
Wall Street Journal 02/27/2014
Airbus on Track to Double Profit Margin by 2015
Wall Street Journal 06/16/2013
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