Reposted from The Huffington Post As a trained industrial designer, part of my former job was to anticipate consumer needs — sometimes before consumers themselves even knew what they wanted. So in a way, I guess you could say I can see the future. In our near future, I see American-made products that are designed […]
Consumer confidence unexpectedly cooled in July as Americans became less optimistic about the outlook for the economy. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment decreased to 83.9 in July from 84.1 the month prior, today’s report showed. The median forecast in a Bloomberg survey called for a gain to 84.7. The gauge reached an almost […]
West Texas Intermediate crude was little changed as manufacturing in the New York region expanded in July at the fastest pace in five months and U.S. retail sales rose less than projected in June. Prices fluctuated as the Federal Reserve Bank of New York’s general economic index climbed to 9.5, the highest level […]
The sheer amount of jobs that were lost during the Great Recession is nothing short of breathtaking. Nearly 8 million jobs were lost, and the sad reality is that a lot of those may never come back. That sparked a conversation about how to create jobs in one of the most promising growth sectors we […]
An employee assembles a Makerbot Industries LLC 3D Printer at the company’s new factory in the Brooklyn borough of New York. | Photographer: Victor J. Blue/Bloomberg Manufacturing in the New York region expanded in July at the fastest pace in five months as the area’s factory activity stabilized amid a slowdown […]
U.S. manufacturing is on the brink of a renaissance fueled by rising wages in China and increased productivity at home, according to Hal Sirkin, senior partner at The Boston Consulting Group. Boston Consulting is a global management-consulting firm and business adviser. Sirkin, who blogs for Bloomberg Businessweek, was in Louisville to speak […]
Many companies have moved manufacturing jobs back to the U.S. (Shutterstock) Reposted from VOXXI: Is there a reverse in manufacturing trends? Late last year, Apple announced that it was moving part of its manufacturing back to the U.S. Many saw this as a PR stunt by the company, as it had suffered an blow to […]
A growing number of American companies are moving their manufacturing back to the United States IN 2005, A START-UP company from California called ET Water Systems decided to move its manufacturing operations to China. At the time there was a general exodus to Asia in search of lower costs, […]
Reposted from the New Hampshire Business Review Forum focuses the economic, educational need to focus on advanced manufacturing. ‘It takes a partnership approach between state, education and industry to build the workforce and create well-paying jobs,’ says Ross Gittell, chancellor of the Community College System of New Hampshire. If a workforce of highly skilled, […]
Reposted from THonline.com: Sometime during the past decade, when most everyone was focused on inflating the housing bubble, I was called into a senior manager’s office. My employer was planning to move an assembly line to Mexico and thought I would be a great manager for the project. As the executive […]
