Last updateFri, 18 Jan 2019 3pm


How Government Can Export Manufacturing Jobs

Even in the "good" economic times of 2004 through 2006, we were shedding manufacturing jobs. To put some perspective on what is happening, 31% of all manufacturing jobs have disappeared since January 2001.


We have entered the New Normal.


Source: Seeking Alpha


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Economists Upgrade Second-Half GDP Forecasts

Economists are predicting a brighter second half of the year as the cash-for-clunkers program boosts spending and U.S. manufacturers ramp up their production.


Revisions began after last week's gross-domestic-product report, showing the economy contracted at a better-than-expected 1%.


Source: Wall Street Journal


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Factory Orders Unexpectedly Increase in June

Factory orders rose in June for the fourth time in five months, an unexpected gain and the latest sign of recovery in the ailing manufacturing sector.


The Commerce Department said Wednesday that factory orders rose 0.4 percent, after a 1.1 percent increase in May. Economists expected a 1 percent drop, according to a survey by Thomson Reuters.


Source: Associated Press


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California Bleeding Manufacturing Jobs, Report Shows

California is shedding manufacturing jobs faster than any other state thanks to heavy regulation and high taxes, according to a new study.


A report out of the Milken Institute found that California has shed nearly 80,000 manufacturing jobs over the past five years, as neighboring states gained 62,000 jobs in the same sector.


Source: FOXNews.com


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With Card Checks on the Ropes, Fight Turns to Binding Arbitration

The willingness of some Democrats to drop the "card check" portion of a union organizing bill has led opponents of the measure to intensify their attack on another major provision: binding arbitration if a new union and management can't agree on a first contract within 120 days.


"We suspected from the beginning that the binding arbitration was packaged with the elimination of the secret ballot in order to create a straw man they could take down later," said Sen. Jim DeMint, R-S.C.


Source: Associated Press


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