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THE LATEST NEWS: Articles in the January 10, 2015
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• A.T. Kearney: Economic Data Does Not Support The Manufacturing Reshoring Story; Offshore Outsourcing Is Still Outpacing Reshoring
• After 13 Years Of Losing Factories, U.S. Starts To Gain Them
• Ohio Sen. Sherrod Brown: U.S. Government Needs To Reset Relations With China
• Interview: Ohio Democratic Sen. Sherrod Brown On The Congressional Manufacturing Agenda And What Went Wrong For Senate Democrats In The 2014 Election
• Chinese, Mexican And Indian Manufacturing Wages Are Not Close To Catching Up To Americans' Wages
• China Surpasses U.S. As World's Largest Economy For The First Time Since 1880; Americans Don't Seem To Notice
• The World's Largest Economies By Gross Domestic Product Based On Purchasing Power Parity
• Department Of Labor Opens $100 Million Competition For Apprenticeship Programs
• The 2015 Economic State Of The Union: Get Ready For The Next Debt Crisis, By Economist Charles W. McMillion
• Texas Manufacturers Aren't Sure About Oil Price Impacts
Quote Of Note
"The number of [reshoring] cases is going up because companies found it to be good PR to make announcements about 'bringing manufacturing back.' The increase in 'cases' in the [A.T. Kearney reshoring] database is, however, not met by an equal increase in economic impact, so either the cases are becoming, on average, smaller (i.e. more mom and pop shops announcing reshoring) or there's a significant delay between the announcement of the reshoring activity and the start of its economic impact. When we analyzed the cases, about two-thirds of them are bringing back manufacturing to existing facilities and/or equipment. These cases do not involve putting 'new steel' into the ground and/or do not involve new capital purchases, thereby reducing the initial cumulative effect of not just creating jobs and economic activity associated with the reshored operations, but also creating additional activity in the industrial construction/equipment manufacturing industry."
-- Patrick Van den Bossche, Partner at A.T. Kearney and co-author of the Reshoring Index.
Web Site Of The Week
https://www.conference-board.org/ilcprogram/index.cfm?id=28269
Free Stories from Recent Back Issues
President Obama, Wall Street Financiers, Corporate CEOs And Members Of Congress Meet Together To Plan Strategy To Sell And Pass Free-Trade Agreements
U.S.-China Commission Describes The Multiple Tactics Of A Rogue Nation Whose Policies Have Destroyed The U.S. Economy, And The U.S. Federal Government's Failed Response
A Titan Of U.S. Manufacturing: Gilroy Titan Creates TV's First CNC Machine Shop Show
'Factory Man': The Book, The Author, The Man And All The Rest -- The Millions Of Forgotten People
At The International Manufacturing Technology Show In Chicago, Here Is What Hundreds Of Manufacturing Men Had To Say
Walmart Finds That 'Made In USA' Has A Strong Appeal Among Consumers; Encourages Manufacturers To Highlight On Their Packaging Products That Are Made In America
Walmart Is Giving Priority To U.S. Manufacturers Who Hire American Workers;
CEO Bill Simon Says Reviving Industry Is Essential For Walmart's Success
Reshoring Of Production and Engineering Is Not Yet Much Of A Trend In U.S. Electronics Sector
China Does Not Provide WTO With Trade Compliance Information
Trade Adjustment Assistance For Workers Program Is Enervated; Its Future In Doubt
Senators Tell USTR That Asia Trade Pact Is In Jeopardy Without Currency Provisions
GE Embraces Crowd Sourcing For Improving Appliance Products And Manufacturing Processes
Senate Committee Shrinks Budget for Proposed National Manufacturing Innovation Network In Half And The Number of Hubs By Two-Thirds
Defense Science Board: Offshoring Of U.S. Manufacturing Has Created National Security Vulnerabilities
USTR Says Korea Trade Deal Is A Boom; Critics Say It Is A Bust
The Great Disconnect: Americans Want Washington To Deal With Manufacturing, But Washington Is Not Responding
Korea Passes 'U-Turn' Law With Generous Incentives For Companies To Bring Manufacturing From China Back To Korea
Top Government Officials Discover There Is Little Left Of America's Telecom Equipment Manufacturing Industry; United States Has To Create A New Industry From Scratch
New DOD Pilot Program Is Aimed At Commercial Production Of Defense Laboratory Technologies
Cheap Natural Gas Is Driving Heavy Investment In Heavy Industry
The Country Will No Longer Know About Mass Layoffs
MIT: With Loss Of Manufacturing The U.S. Innovation Engine Is No Longer Working
U.S. Output Growth Is 50 Percent Lower Than Reported:
Globalization Forces Major Change In Business Classification System: One Result Will Be That Imports From Manufacturers That Have Outsourced Production Offshore Will No Longer Be Considered Imports
America's Biggest Companies Continue To Move Factories Offshore And Eliminate Thousands of American Jobs
New ISO Product Safety Standard Will Impact Every Global Manufacturing Company; Retailers, OEMs And Governments Will Be Able To Trace A Flaw Directly Back To Its Source
It Will Be A Long Time Before Chinese Manufacturing Wages Catch Up With American's: China's Hourly Manufacturing Worker Compensation Cost: $1.74
Photonics Industry Looks To Federal Government To Get Back Into The Game -- Introducing the National Photonics Initiative
Without A Strong Manufacturing Sector, The U.S. Struggles To Break Out Of Recession
MIT Drills Into The Manufacturing Skills Shortage And Finds That It Doesn't Really Exist
Aspen Institute / MAPI Study Describes Why Manufacturing Is Essential For A Strong U.S. Economic Recovery
MIT: America's Manufacturing Sector Has Lost The Ability To Turn Innovation Into Commercial Production
For A Pro-Domestic Manufacturing Policy Agenda In Congress, This Might Be The Year
U.S. Manufacturing Wages Are Stuck In Neutral And Are Not Nearly As Generous As Those In Other Industrialized Countries
Federal Supply Chain Survey Finds That Any Cut In Space Budgets Could Put A Lot Companies Out Of Business
Industry, Academia and Research Organizations Wholeheartedly Endorse National Network For Manufacturing Innovation (NNMI)
A Strategic Global Manufacturing Technology Vision Is Central To Germany's Economic Development And Export Plan
Europe's New Industrial Policy Targets Manufacturing To Spur Economic Turnaround
Global Semiconductor Industry Has No Plans To Build Factories In The United States
U.S. Trade Deficit Continues To Surge, Costing The Country Hundreds Of Thousands Of Jobs
Sequestration Exposes U.S. Dependence On Defense Manufacturing
Critical And Strategic Materials Industry Has A New Voice In Washington, D.C. Aimed At Countering Multinational Company Bias Against U.S. Producers
On Russia Free Trade Issue, Big Business Interests Run Against Domestic Manufacturers
Boeing's Planes Are Riddled With Chinese Counterfeit Electronic Components
NIST Director Defends $1-Billion Manufacturing Program, But Doesn't Know Where The Money Will Come From
Everything Is 'Made In The World': WTO Is One Step Closer To Eliminating Country-Of-Origin Labels
Government Is Pushing Full Speed Ahead On Additive Manufacturing
Lessons Learned From A Trade Case -- SolarWorld CEO Warns Others To Pay Heed: Your Industry Could Be The Next To Go
Is Momentum Building For Adopting A New Manufacturing Policy Agenda,
Or Is The Interest Due Only To The Upcoming Election?
Country-Of-Origin Labels Could Change Consumer Behavior And Revive U.S. Manufacturing
Obama Will Unveil $1-Billion National Manufacturing Innovation Network Initiative Based Upon Germany's Fraunhofer Institute
China Puts U.S. Auto Industry At Risk: Steel And Auto Unions Tell Uncle Sam To Initiate A Comprehensive Trade Case
Bye-Bye Baldrige: U.S. Decides Quality Is Not Worth $9 Million
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Sixteen Case
