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The U.S. manufacturing industry employed 12.35 million people in December 2016 and 12.56 million in December 2017, an increase of 207,000 or 1.7%. [3] Historically, manufacturing has provided relatively well-paid blue-collar jobs, although this has been affected by globalization and automation.
America's manufacturing sector is poised for a rebound in 2025, according to Bank of America. That's bullish for the S&P 500, which derives a high percentage of earnings from the sector.
The US manufacturing renaissance is coming up against the practical challenge of finding enough workers to make it happen. America's manufacturing boom is facing a labor crunch [Video] Skip to ...
The Institute for Supply Management reported a manufacturing purchasing managers index reading of 49.1% for January, marking the 15th consecutive month of contraction within the sector.
Certain states with heavy emphasis on manufacturing industries like Michigan, Ohio, Pennsylvania, Indiana, and California were significantly affected by these job losses. [5] However, in Ohio, Trade Adjustment Assistance and NAFTA-TAA identified only 14,653 jobs directly lost due to NAFTA-related reasons like relocation of U.S. firms to Mexico. [7]
Around the turn of the 20th century, American industry had superseded its European counterparts economically and the nation began to assert its military power. Although the Great Depression challenged its technological momentum , America emerged from it and World War II as one of two global superpowers .
The North American Industry Classification System ... Manufacturing: 350,828 3,916,136,712 576,170,541 ... Sectors of the US economy ranked by number of sales ...
The new executive order would raise the bar for products considered to be “Made in the U.S.” for the purposes of government contracts, and install a new overseer, the director of “Made-in ...