Last updateTue, 18 Feb 2020 8pm

Manufacturing Sector Shows a Revival Along Interstate 495

Years ago, factories lined the rivers and railroad tracks in towns west and northwest of Boston. Now they line Interstate 495.

It seems counterintuitive, but in an era when industrial jobs are disappearing throughout the United States, manufacturing is alive and well in Massachusetts, especially along the arc of highway running between the New Hampshire and Rhode Island borders, according to a recent study.

Source: Boston Globe

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Michigan Leads U.S. Manufacturing Plunge

The plight of the U.S. manufacturing sector is sharply visible in Michigan where unemployment is the highest in the nation at 9 percent, statistics show.

The state has lost 400,000 manufacturing jobs in the past eight years, The Washington Post reported.

Source: UPI

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Op-Ed: Wall Street, Fall 2009

Pass the Hamburger Helper and the Milwaukee’s Best. Broom that interior decorator; Ikea’s got some dynamite furnishings. Boy, those public schools sure look better than I thought—what was so great about Dalton or Nightingale-Bamford or Saint Ann’s, anyway? Those Koreans make fabulous cars.

Source: Jim Cramer, New York Magazine

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NAM Supports Modernized Export Controls

The National Association of Manufacturers last week showed its support for a new export control procedure for Intra-Company Transfers or "ICT" -- exports from one part of a company to another part of the same company located abroad.

"The Intra-Company Transfer exception has been the NAM's number one dual-use export controls modernization priority," said NAM President John Engler.

Source: Industry Week

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Broad Job Losses Augur Recession Despite Bailout

U.S. employers shed jobs last month at the fastest pace in five years, as weakness in the job market spread from the ailing manufacturing industry into services and even the public sector.

Nonfarm payrolls declined 159,000 in September, more than double the average pace throughout the year, the Labor Department reported. The unemployment rate, based on a separate survey of households, held at 6.1% after a sharp increase in August.

Source: Wall Street Journal

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