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State of Manufacturing: How Sustainability Drives Our Vision

This State of Manufacturing blog is authored by Ball Corporation Director of Sustainability Bjoern Kulmann. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

Doing the right things at the right time, and making the world and our company a better place for all of our stakeholders. At Ball, that’s what we’re all about. Sounds simple, right? But as a global leader in the packaging and aerospace industries, everything we do – every decision and every activity – must contribute to our becoming a more successful and sustainable enterprise over the long term. That is why sustainability is so important to us and why we take a triple bottom line approach. We must carefully balance our economic, environmental and social impacts in all we do. (continue reading…)

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State of Manufacturing: Manufacturing Voices Call for Action

This State of Manufacturing blog is authored by Colorado Association of Commerce & Industry Program Manager Patrick Pratt. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

Colorado is a place for “doers” – the type of people who act to solve problems rather than just talking or thinking. There is no sector with more “doers” than manufacturing. That is why our state is excited to host Jay Timmons as he delivers the National Association of Manufacturers’ 2015 State of Manufacturing address. (continue reading…)

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State of Manufacturing: Building the Next Generation

This State of Manufacturing blog is authored by Manufacturing Institute President Jennifer McNelly. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

As baby boomers begin to retire and technological improvements develop daily, the need for the next generation of skilled workers has become essential for the future of the industry and U.S. economy. The Manufacturing Institute continues to lead national efforts and support local activities that are changing the public perception of manufacturing and inspiring smart, new minds. (continue reading…)

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Monday Economic Report – February 9, 2015

Here is the summary for this week’s Monday Economic Report: 

Manufacturers in the United States have added roughly 18,800 workers per month on average over the past 13 months, with an average of 29,000 from October through January. This suggests that the momentum in demand and production in the second half of 2014 has led to an uptick in hiring, which is encouraging. Income growth was also higher, with average weekly earnings up 2.0 percent year-over-year in January. At the same time, the larger economy has also seen strong growth, with nonfarm payrolls increasing by nearly 260,000 per month since the end of 2013. The unemployment rate edged up to 5.7 percent, however, as more Americans re-entered the labor force looking for work. The participation rate rose from 62.7 percent to 62.9 percent. (continue reading…)

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State of Manufacturing: Smart Policy, Education and Access to Capital

This State of Manufacturing blog is authored by Association of Washington Business President Kris Johnson. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

Our nation builds great things; that’s what innovators and dreamers do. The true spirit of innovators is to always strive to do things better and different and to be the best.

It’s this motivation—and a slow climb out of the Great Recession—that is rejuvenating manufacturing and spurring a strong comeback in Washington and across the nation. (continue reading…)

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State of Manufacturing: America Needs Pro-Growth Tax Reforms

This State of Manufacturing blog is authored by Tenneco Chairman and CEO and NAM Board Chair Gregg Sherrill. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

Today, the National Association of Manufacturers’ 2015 State of Manufacturing Tour is in Detroit, the birthplace of our nation’s automotive industry, and where I’ve spent most of my professional career. The auto industry is a powerful growth engine for the U.S. economy, responsible for more than 7 million jobs nationwide, or about 3.8% of private sector employment. And today this thriving industry is playing a key role in our nation’s economic growth.

But even though our economy is advancing, it’s a long way from reaching its potential. (continue reading…)

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Manufacturing Productivity Slowed in the Fourth Quarter

The Bureau of Labor Statistics said that productivity in the manufacturing sector increased 1.3 percent in the fourth quarter, its slowest pace of 2014. For the year as a whole, labor productivity in the sector rose 2.5 percent, up from 1.0 percent in 2012 and 2.0 percent in 2013. The increase in annual labor productivity in 2014 stemmed from better output data, which grew by 3.9 percent for the year. Indeed, output was stronger in the fourth quarter, as well, up 5.7 percent versus 4.8 percent in the third quarter. In the fourth quarter, unit labor costs edged slightly higher, up 0.2 percent, on higher real compensation costs. (continue reading…)

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State of Manufacturing: Engage the Makers, Build on Our Vision

This State of Manufacturing blog is authored by NAM Senior Vice President of Communications Erin Streeter and Senior Vice President of External Relations Ned Monroe. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

Day two of our three-week State of Manufacturing Tour kicks off today with our President and CEO Jay Timmons speaking in Minneapolis at the Economic Club of Minnesota, followed by a tour at NAM member company Graco Inc. As the voice of manufacturers in the United States, the NAM is only as strong as the millions of men and women who power the shop floors across the country—and who trust us to secure their futures. Over the next several weeks, we will engage the dreamers, makers and builders in this country who will help us build on our vision for powering a new economic revival in America. (continue reading…)

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State of Manufacturing: Purdue University Kickoff Fires Up the Next Generation

This State of Manufacturing blog is authored by Purdue University President and former Indiana Governor Mitch Daniels. To learn more about the 2015 State of Manufacturing Tour, visit http://www.nam.org/stateofmfg.

Purdue University is pleased to welcome the National Association of Manufacturers (NAM) to West Lafayette, Ind., today, where it will be my honor to help kick off the 2015 State of Manufacturing Tour with NAM President and CEO Jay Timmons.

No state is more tied to manufacturing in America than Indiana. Almost 17 percent of the Hoosier workforce is employed in the sector, close to double the national average and more than any other state. Indiana in many ways is a bellwether for the manufacturing economy: So it’s good news for the state of manufacturing that Indiana’s economy and manufacturing sector are growing. (continue reading…)

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NAM Asks CFTC Not to Regulate Supply Contracts as Swaps

Manufacturers by nature assemble and build goods day in and day out. Creating all of these products requires a tremendous amount of supplies, which are often delivered as a result of a supply contract between two parties. Sounds simple enough, right?  (continue reading…)

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