Last updateTue, 18 Jun 2019 6pm


U.S. Manufacturing Dodges Bullet

The plunge in commodity prices from record highs is being viewed as a precursor to a worldwide recession and not for its deflationary impact, which could, in time, alleviate industrial cost pressures, reduce consumer expenses and set the stage for emergency central bank rate cuts.

Despite the credit crunch, the U.S. manufacturing sector - apart from housing, cars and airlines - has largely been immune to the crisis so long as their share price plunges are ignored.

Source: The Globe and Mail

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Manufacturers Bide Time, Bite Their Nails

When the telephone rang last week, it wasn't good news for Fabcon Inc., the Savage concrete wall maker that outfits Lowe's, Home Depots, offices and warehouses across the country.

A few customers worried by the sagging economy responded to Wall Street's developing crisis by pulling the plug on jobs in Chicago and the East Coast.

Source: Star Tribune (MN)

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Dow's Liveris: Nation Needs an Industrial Policy

The head of Dow Chemical Co. used an impassioned speech before the Detroit Economic Club Monday to argue the U.S. needs a bold new industrial policy to stabilize an industry bleeding jobs and reverse a worsening economic decline.

The appearance of Andrew Liveris, chairman and CEO of Midland-based Dow, also coincided with the club's announcement of The National Summit, a gathering at Detroit's Ford Field June 15-17 to discuss shaping a national economic agenda around issues of the environment, technology, energy and manufacturing.

Source: Oakland Business Review

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Is Outsourcing to China Over?

In business parks and along industrial corridors, mid-size U.S. contract manufacturers are successfully wooing new business by promising lower costs than the competition. The only thing surprising about their success is that the competition they're beating is China.

Source: Inc.com

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Manufacturers Call on Next U.S. President to Support 100-Day Energy Action

The Council on Competitiveness, which  on Sept. 9 unveiled a roadmap for a sustainable energy future for the U.S., is calling for the next U.S. president to put the full weight of his office behind the Council's 100-Day Energy Action Plan aimed at quickly advancing a comprehensive energy agenda to ensure energy security and sustainability. 

Source: Industry Week

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