Monday, June 05, 2006
The surging growth of American manufacturing
"Way awesome." That's how Will Franklin describes the present expansion in the manufacturing base.
We have entered our 34th consecutive month of expansion in American manufacturing, the longest such increase in almost 17 years. There was no such winning streak even during the supposedly boom years of the Clinton administration. We know this boom is real, however, because it has been ages since there has been a rush of mainstream media stories about the collapse of American manufacturing.
7 Comments:
By 
, at
Tue Jun 06, 12:20:00 AM:
Wow. 36 whole months.
Please send this to everyone in NE Ohio...most of the manufacturing plants there are closed now.
A few years ago one of them even flew the Chinese flag above the plant in celebration...so happy they got the steel jobs instead!
Just suck off Bush and be done with it.
By , at
Tue Jun 06, 12:29:00 AM:
Wich could be good because if you go to automated manufacturing processes you actually create better , higher paying, more technical jobs. I remember when they started going to automated welders they thought it was bad losing the welding jobs but the automation-computer industry boomed creating way more jobs than the jobs lost to the manual welders.
By , at
Tue Jun 06, 12:57:00 AM:
Too bad those "way more" automation-computer industry jobs were in India dude.
By 
Admin, at
Tue Jun 06, 10:02:00 AM:
one of the first things the bush administration did when they took office was try to change the way numbers were crunched by, for example, adding fast food jobs as manufacturing sector jobs.
just like they do with inflation.
well, gee, if you dont add in energy and food costs, eat chicken instead of beef, there is no inflation (however, this has been done by the feds for many years).
the dollar has lost some 30% against the euro since 2000, and it shows no sign of slowing.
By Cassandra, at
Tue Jun 06, 06:57:00 PM:
Uptown Ruler:
Shouldn't you be happy then? It wasn't so long ago that the manufacturing sector was complaining about the strong dollar. This is because our exports are more competitive when the American dollar is weak.
It makes American goods and services more attractive to both domestic and foreign buyers, which is completely consistent with the mfg. numbers being positive.
By Dawnfire82, at
Tue Jun 06, 07:32:00 PM:
In my experience, 95% of the population has no business discussing the finer points of economics.
"The value of the dollar is falling? That's terrible! Lynch Bush!"
Silly. weak dollar = American goods are cheaper = America sells more things = good for manufacturing.
And for the first anonymous retard, India is what they call a high labor, low capital country. They'd be better off (more competitive) with numerous hand welders, in a high labor industry, than with automated welders because they lack the infrastructure, resources, education, et al to compete in high capital industries. This is basic stuff. I don't even like economics. Shutup unless you have some idea of what you're talking about. You waste space.
By , at
Thu Jun 08, 12:34:00 AM:
yeah back in the beginning when everything was done by hand instead of using better tools and technology people were making 15 cents an hour. Fact of the matter is time equals money, better tools equals better production & better products. As far as welding goes we might have lost some hand welders but the new technology in welding has created alot more jobs and companies in america , And its a heck of alot safer than the old welding technics. Just basic fact automated welding is faster ,stronger, and safer than what a single welder could do by hand. Just like back in the day when they plastered interior walls by hand it was a slow tedious process, now that almost all of those guys are out of buisness except for a few , there are a heck of alot more people with jobs that produce, ship, sell, install, finish, paint, drywall. Point of the matter is sytems become outdated and new ones take over.
Oh and that doesnt even count the effect it has on the stock market
etc. You waste of air.
