Board Ignores Input on Ambush Rule

Today, the National Labor Relations Board thumbed its nose at businesses and individuals who expressed serious concerns with their proposed rule to shorten the election period for union representation cases and short-circuited employer rights to ensure a fair election. (continue reading…)

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Producer Prices for Final Demand Goods Fell in November for the Fifth Straight Month

The Bureau of Labor Statistics said that producer prices for final demand goods and services declined 0.2 percent in November. Producer prices for final demand goods fell for the fifth straight month, down 0.7 percent or 1.7 percent since June. Much of that decline, as you might expect, stemmed from reduced energy costs, which has decreased 8.8 percent since June and was off 3.1 percent in November. Of course, petroleum prices have continued to fall since then, with West Texas intermediate crude selling for less than $59 a barrel today, a level last seen in mid-2009. This has helped to reduce overall pricing pressures in the economy. (continue reading…)

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NAM Supports Passage of H.R. 83, the Consolidated and Further Continuing Appropriations Act

Today, the National Association of Manufacturers sent a letter to the House of Representatives and Senate expresses support for H.R. 83, the Consolidated and Further Continuing Appropriations Act. The letter, from NAM Senior Vice President, Policy and Government Relations Aric Newhouse, outlines a number of measures in the legislation that are priorities for the manufacturing sector and will help the economy continue to rebound. (continue reading…)

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Shale Gas Continues to Benefit Manufacturing

A PricewaterhouseCoopers (PwC) report released today found that U.S. natural gas production could bring an annual cost savings of $22.3 billion by 2030 for U.S. manufacturers and up to $34.1 billion by 2040. And in addition will create 930,000 natural gas driven manufacturing jobs by 2030, 1.41 million by 2040. The NAM and American Chemistry Council contributed to PwC’s report.

A similar study released in 2011 had projected one million manufacturing jobs would be created by 2025 due to the uptick in shale gas exploration and recovery, and could mean more than $11 billion in cost savings to manufacturers. With some of those jobs having been created in the last three years since that study, the new projections show that there will be even larger gains in shale gas driven manufacturing jobs, as well as even greater costs savings. (continue reading…)

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Holiday Sales Have Gotten Off to a Strong Start

The Census Bureau provided encouraging news about retail sales growth in November. Retail spending was 0.7 percent in November, extending the revised 0.5 percent growth seen in October. This is noteworthy because it will help to erase anxieties about holiday spending seen in prior estimates. On a year-over-year basis, retail spending has increased 5.1 percent in November, a relatively healthy pace, up from 4.5 percent in October. (continue reading…)

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No-Grow-Zone: Manufacturers Feel the Impact of Costliest Regulation Ever – Part 2

The Spread of Non-attainment: By the Numbers

If you have been following ozone policies over the last several years, you have no doubt seen some version of the “before” and “after” maps below. In fact, the ozone nonattainment maps have in many ways become the symbol of this issue. In future posts, we will dive deeper into what exactly it means for manufacturers, state and local governments and citizens to be in a nonattainment area. (continue reading…)

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NAM and Over 100 Companies and Organizations Sign Letter Highlighting the Importance of the Open Internet

Today, National Association of Manufacturers sent a letter to Director of the National Economic Council Jeffrey Zients, Chairman of the Council of Economic Advisers Jason Furman, House and Senate leadership, members of the FCC and Commerce Secretary Pritzker that focuses on the important role the open internet has played in ensuring manufacturers are able to incorporate cutting-edge technologies into their products and processes. (continue reading…)

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A Missed Opportunity to Address Class Action Abuse

In a disappointing decision, this week the U.S. Supreme Court decided it would not review the 5th Circuit’s handling of questionable claims to the BP business settlement agreement in the Deepwater Horizon oil spill case.  The issue in the case was whether BP should be required to pay awards to claimants who could not show their harms were caused by the oil spill. (continue reading…)

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Manufacturers Posted Slightly Fewer Openings in October, but Still More than Earlier in the Year

The Bureau of Labor Statistics said that manufacturing job openings eased slightly, down from 293,000 in September to 290,000 in October. Nonetheless, the sector has seen improvements in the pace of job postings, with an average of 294,000 over the past six months (May through October). This represents progress since February’s rate of 258,000, the low point of 2014 so far. In October, job openings for durable good firms were up from 179,000 to 190,000; whereas, postings for nondurable goods businesses dropped from 115,000 to 100,000. (continue reading…)

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Supreme Court Decision Provides Clarity to Manufacturers

This morning the Supreme Court unanimously reinforced arguments asserted in the NAM and coalition associations’ amicus brief filed in Busk v. Integrity Staffing.  NAM’s amicus contended that the 9th Circuit should be reversed in concluding that time spent undergoing security checks is compensable under the Fair Labor Standards Act (FLSA).  Justice Thomas delivered the majority opinion for the Court supporting the NAM’s argument which affirmed that the Fair Labor Standards Act does not require employers to compensate employees for the time spent on security checks before and after the work day. (continue reading…)

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