Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

NAM Report Shows Manufacturing Recovery
Sep 8, 2009
 Printable format
 Email this Article
 Search

The National Association of Manufacturers (NAM) released its "Labor Day 2009: The Manufacturing Report," that confirms signs of improving conditions in the manufacturing sector over the past few months but warns the economy is still fragile.

The report looks at the economic decline in 2008-2009, the signs of stabilization emerging, and the outlook for employment, manufacturing and the economy. It projects an upturn in manufacturing production gradually over the next year with more significant growth in the 2011-2014 period. The report also projects that by 2014, the manufacturing sector will regain more than 40% of the jobs lost during the current downturn.

While there are indications that we may be in the early stages of recovery, the report indicates there is significant reason for caution. According to the report, a recovery would be negatively impacted if Congress and the Administration enact policies that discourage investment, hamper flexibility, or raise the costs of doing business in the United States. The report notes that prospects for good jobs, a strong manufacturing sector and a growing economy depend on U.S. global competitiveness.

"There are grounds for optimism, but there is even greater reason for caution," said NAM President John Engler. "A recovery could stall out or even shift into reverse if Congress and the Administration enact policies that increase the burden on businesses and make us less competitive in the global economy."

The report is available at www.nam.org/labordayreport09.

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows