Tuesday, May 29, 2012

A Manufacturing Must-Read for May

Joel Kotkin's NewGeography.com has a great report by Rob Sentz on manufacturing that's a must-read. This will make your month.

See Top Manufacturing Sectors for 2011 and, if you watch manufacturing, be prepared to like what you read.

Here's a few tidbits:

"The Institute of Supply Management’s manufacturing index has shown 33 consecutive months of expansion."  I had missed that one.

"A survey by the Boston Consulting Group in February found more than one-third of U.S.-based manufacturing executives at companies with sales greater than $1 billion are either planning or considering bringing production back to the United States from China."  I had forgotten reading this one.

The in-depth article even includes a list of sectors.  Machines shops, the engine of manufacturing, actually added the most jobs of any sector at 21,694 jobs added in 2011.

Check it out.

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