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US Manufacturing Replies |
rffrydr
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Joined: 30 Oct 2005
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Location: Sunny California
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rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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 Posted: Sun Nov 29, 2009 11:46 pm Post subject: |
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China buying SAAB:
| Quote: | | “We don’t see a need to buy a new plant,” Wang said of Saab today. “I don’t see a need to buy a building; I don’t see a need to buy a robot. So what’s left? You figure it out.” |
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahDO15k.MJAY&pos=5
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rffrydr
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Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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rffrydr
Moderator
Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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| Posted: Mon Nov 02, 2009 8:14 am Post subject: |
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Finding our way to the headlines:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aNjg9RbPCS6Q
| Quote: | | “The U.S. is still a manufacturing giant,” said Marc Chandler, an international economist and global head of currency strategy for Brown Brothers Harriman & Co. in New York. “If you don’t understand that, you can make bad policies. And you can miss investment opportunities.” |
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rffrydr
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Joined: 30 Oct 2005
Posts: 16939
Location: Sunny California
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| Posted: Thu Jun 04, 2009 12:31 am Post subject: |
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Hear-hear: Unsung during this "financial revolution" of the last quarter-century we have followed the money to China and back to our corn, scrap paper and coal. From there we've built ports, ridden the rails and moved the earth. How long before we value again what that greatest customer itself has not only never lost, but values more and more?
The diversity in this country is prodigious. Eventually we will value ourselves as we value others.
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HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11742
Location: Los Angeles, California
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| Posted: Thu Jun 04, 2009 12:06 am Post subject: |
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Forbes comments on the state of US manufacturing:
http://www.forbes.com/2009/05/27/john-engler-manufacturing-business-america.html?partner=toprated
| Quote: | First, the good news. The United States remains the world's largest manufacturing nation, accounting for more than 19.5% of global manufacturing output. In 2007, the U.S. produced more volume of products than ever before, and manufacturing represented $1.6 trillion of our economy, or about 11.6% of gross domestic product.
Manufacturing in the United States accounts for more than 12 million jobs and supports millions more in other sectors. And manufacturing jobs are among the most highly compensated in the nation, paying on average about 20% more than those in other sectors.
Yes, we are shedding manufacturing jobs. In the U.S., manufacturing has lost some 1.5 million jobs since the current downturn started, continuing a long-term trend that dates back at least until the early 1980s. But to concentrate on aggregate job losses masks a more profound trend--vastly improved productivity. Americans are making a lot more stuff with a lot fewer people. This increased productivity is largely due to continuous innovation in the manufacturing sector and high investment levels in new technology. |
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