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Manufacturing in sentence

1925 examples of Manufacturing in a sentence

In 2015, the share of manufacturing in total employment was just one-quarter of its level in 1970.
The “good jobs” in some manufacturing branches offered these men the prospect of new challenges, learning, and attendant promotion.
WASHINGTON, DC – Once upon a time, ambitious young people with a knack for math and science went to work in manufacturing.
But, as the role of manufacturing diminished in advanced economies, the brightest talents tended to gravitate to finance and other service fields that were growing rapidly – and paying well.
But here’s some news: global manufacturing has the potential to stage a renaissance and once again become a career of choice for the most talented.
Of course, any manufacturing rebound in the advanced economies will not generate mass employment; but it will create many high-quality jobs.
In some manufacturing sectors, more such people may be hired than will be added on the factory floor.
Exploding demand in developing economies and a wave of innovation in materials, manufacturing processes, and information technology are driving today’s new possibilities for manufacturing.
Even as the share of manufacturing in global GDP has fallen – from about 20% in 1990 to 16% in 2010 – manufacturing companies have made outsize contributions to innovation, funding as much as 70% of private-sector R&D in some countries.
From nanotechnologies that make possible new types of microelectronics and medical treatments to additive manufacturing systems (better known as 3D printing), emerging new materials and methods are set to revolutionize how products are designed and made.
But, to become a genuine driver of growth, the new wave of manufacturing technology needs a broad skills base.
In the United States alone, there is a potential shortfall of 1.5 million data-savvy managers and analysts needed to drive the emerging data revolution in manufacturing.
The shift of manufacturing demand to developing economies also requires new skills.
Perhaps most important, manufacturing is becoming more “democratic,” and thus more appealing to bright young people with an entrepreneurial bent.
Not only has design technology become more accessible, but an extensive virtual infrastructure exists that enables small and medium-size companies to outsource design, manufacturing, and logistics.
And yet, across the board, manufacturing is vulnerable to a potential shortage of high-skill workers.
In some manufacturing sectors, the gaps could be dauntingly large.
In the US, workers over the age of 55 make up 40% of the workforce in agricultural chemicals manufacturing and more than one-third of the workforce in ceramics.
Indeed, when the NAM conducted a survey of high-school students in Indianapolis, Indiana (which is already experiencing a manufacturing revival), the results were alarming: only 3% of students said that they were interested in careers in manufacturing.
But not only young people need persuading: surveys of engineers who leave manufacturing for other fields indicate that a lack of career paths and slow advancement cause some to abandon the sector.
It could also include combined manufacturing and training programs, with European employers sending skilled workers to train refugees.
This is not surprising: In the US, where almost five million manufacturing jobs have disappeared since the adoption of the North American Free Trade Agreement, and where real wages have stagnated, a majority of voters across the political spectrum are opposed to more such treaties.
Employment continues to decline in the manufacturing sector and traditional service industries, such as wholesale and retail trade, accommodation, and food service.
To accelerate economic growth, the priority has been to stimulate investment and recovery in manufacturing, the sector that was hardest hit by the international crisis.
Today, the costs of manufacturing such items are lower in countries like Bangladesh and Vietnam than in Guangdong.
Consider the case of a textiles manufacturing center in Jiangsu province, dubbed the “silk capital” of China.
But it is a mistake to think that China’s manufacturing will remain in the doldrums.
Less enthusiasm about housing means that manufacturing firms will no longer be squeezed when they seek capital to expand.
Trading in Trump’s LiesBERKELEY – In a recent Vox essay outlining my thinking about US President Donald Trump’s emerging trade policy, I pointed out that a “bad” trade deal such as the North American Free Trade Agreement is responsible for only a vanishingly small fraction of lost US manufacturing jobs over the past 30 years.
Just 0.1 percentage points of the 21.4 percentage-point decline in the employment share of manufacturing during this period is attributable to NAFTA, which was enacted in December 1993.
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