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Manufacturing

Data is the Key to the Factory of the Future

New tool shows manufacturing in America carries huge potential savings; a reshoring success “toy story”

This week, as we celebrate the country’s vital manufacturing sector, we are excited to unveil a new tool that will allow manufacturers to calculate potentially significant savings that can be realized by manufacturing in America.

Temporary Help in Manufacturing

The temporary help services industry has bounced back from the recession and continues to grow. According to data from the Bureau of Labor Statistics’ Current Employment Statistics (CES) program, the temporary help industry only accounts for 2 percent of all employment in the U.S. economy (as of July 2014), but accounts for 11 percent of all the jobs created since the end of the recession. Growth has continued steadily in 2014, with 107,100 temp jobs added during the first seven months of the year.

The Systemically Important Auto Supply Chain

NABE Industry Conference, May 29, 2014 - Keynote address "The Systemically Important Auto Supply Chain" delivered by Dr. Susan Helper, Chief Economist, The Department of Commerce.

Manufacturing Since the Great Recession

Executive Summary

The U.S. manufacturing sector has turned a corner. For the first time in over 10 years, output and employment are growing steadily. Manufacturing output has grown 38 percent since the end of the recession, and the sector accounts for 19 percent of the rise in real gross domestic product (GDP) since then. Through May, the sector has added 646,000 jobs, and manufacturers are actively recruiting to fill another 243,000 positions.[1]

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