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News November 21, 2019
Has Trump delivered on his promise to revive U.S. manufacturing?
Most political analysts agree that Donald Trump won the presidency on the backs of long-suffering blue-collar workers in industrial states. His campaign was propelled by a promise to revive manufacturing through trade, tax and regulatory policies. After nearly three years in office, the results are unfortunately tepid in terms of engineering a real boom in this sector, and the trends in recent months signal spreading weakness. Nonetheless, manufacturing is stronger than it was when he took office, and policy support is still in place for growth. Headwinds from trade policy and political uncertainty, however, are restraining a more robust growth path.
News October 28, 2019
Teachers awarded for their teaching excellence
In the 2019 Harbor Freight Tools for Schools Prize for Teaching Excellence, three $100,000 first-place prizes were awarded to Cesar Gutierrez, a manufacturing teacher from Tucson, Arizona, Wendy Schepman, a landscape operations teacher from Stuart, Florida, and Brent Trankler, a welding teacher from Sikeston, Missouri, with the prize winnings shared between the individual teacher or team and their high school skilled trades program.
News October 25, 2019
Why manufacturing leaves China but doesn’t return to the U.S.
The cumulative stress of President Donald Trump's escalating trade war is leading to if not an irreparable breach between the U.S. and China, then certainly a significant fraying. Trade talks notwithstanding, the rising cost of the tariffs is already inducing some U.S. manufacturers to exit China. But in most instances, they are not returning to home shores.
News October 1, 2019
Is the so-called manufacturing renaissance a mirage?
Our discourse on the manufacturing renaissance is marked by a failure to take hysteresis into account. First, I will select representative voices from the discourse. Then I will present a bracing article from IndustryWeek. I'll conclude by merely alluding to remedies.
News September 23, 2019
The American Dream made possible with manufacturing
Many of America's leading entrepreneurs have immigrant backgrounds, playing a vital role in driving innovation and economic growth. In this article, Eurotech Gold customer Victor DaCruz, owner, and his wife, Betty DaCruz, the chief financial officer and human resources director of DACRUZ Manufac-turing, Bristol, Connecticut, share their company's business philosophy and the history of how his family started in business.
News September 20, 2019
Is U.S. manufacturing losing its toolbox?
Things seem to be going very well for American manufacturing. Since 2009, 1.2 million manufacturing jobs have been created. The fracking industry has significantly lowered energy costs. Unemployment has reached a low of 3.8%, and 145,000 jobs were re-shored in 2018. We have had 10 years of growth since the Great Recession, and many articles in the past year suggest that the U.S. is in a manufacturing renaissance. But are we?
News September 20, 2019
How the manufacturing slowdown is impacting U.S. businesses
The economy is not just the stock market. A number of factors contribute to the overall health of the economy, and one of them is manufacturing. Although the jury is still out on whether a recession is coming for the broader economy, some people are concerned that a recession has arrived in the manufacturing sector.
News September 20, 2019
U.S. manufacturing is at frontier of aging workforce
The aging U.S. population and labor force weigh particularly heavy on one economic sector: manufacturing. While an aging population affects most sectors, its impact on manufacturing could be outsized for a couple of reasons.
News August 29, 2019
How worrisome is a ‘technical recession’ in US manufacturing?
If you are looking for signs of trouble in the U.S. economy, many experts and politicians point to manufacturing. The industry faces the double whammy of President Donald Trump's trade war and declining purchases from abroad as Europe, China and other regions and countries slow down.
News August 26, 2019
Manufacturers at a marketing crossroads need a simplified message
The most significant marketing challenge of our time is the scarcity of attention from potential customers. Bombarded relentlessly from all directions with too much information, a deluge of products and services, and too many unsubstantiated claims, potential customers have tuned out, dropped out and become all but unreachable. Now resistant to communication, they can't even process 5% of what is thrown at them daily, maybe even less.
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