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Manufacturing in sentence

1925 examples of Manufacturing in a sentence

A half-century ago, the US economy supplied an abundance of manufacturing jobs to a workforce that was well equipped to fill them.
This is undoubtedly a significant problem; but anyone who claims that the collapse of US manufacturing employment resulted from “bad” trade deals is playing the fool.
The facts about the declining US manufacturing employment are plain; there are no “alternatives.”
The primary culprits are productivity growth and limited demand, which cut the share of nonfarm employees in manufacturing from 30% in the 1960s to 12% a generation later.
Finally, China’s extraordinarily rapid rise pushed the employment share of manufacturing down to 8.7%;NAFTA took it to 8.6%.
Briefly, I argued that “bad” trade deals are irrelevant to the problem of diminishing economic opportunities, and I outlined how American trade – in fact, industrial – policy should address manufacturing.
As Harvard University’s Larry Summers and Barry Eichengreen of the University of California at Berkeley, have observed, it is almost as if Trump’s economic strategy – if one can call his vague and vacillating statements that – has been designed to reduce manufacturing employment in America further.
In the US today, some on the left are just as keen as Trump to blame Mexico for the entire decline in manufacturing employment over the past three decades.
Demand for workers who perform routine tasks has been falling at an accelerating pace in recent decades, destroying well -paid middle-skill jobs in both manufacturing and clerical occupations.
First, a government that possesses basic scientific knowhow and modern manufacturing capability, and is determined to develop a number of rudimentary nuclear weapons, will most likely succeed, sooner or later.
The German economy is not as successful as many believe: workers have scarcely benefited from the country’s export prowess, public investment is inadequate, and its manufacturing heartland, which specializes in incremental innovation, is ill-prepared for looming digital disruption.
And, of course, Mexico’s competitive exchange rate is a key reason why it has become an export powerhouse, with the manufacturing sector accounting for 80% of merchandise exports.
For his part, Trump has pledged to bring back jobs in the American Rust Belt, once the center of US manufacturing.
Energy companies have long been known to make false statements about climate change intentionally, just as mining companies and manufacturing firms, whether in clothing or tech, have persistently turned a blind eye to terrible, even abusive, conditions faced by their workers.
This is comparable to – or even larger than – the economic impact of past general-purpose technologies, such as steam power during the 1800s, industrial manufacturing in the 1900s, and information technology during the 2000s.
This requires, first and foremost, that China build a national value chain and elevate its manufacturing sector, which currently depends excessively on foreign research and development, imports of raw materials and semi-finished parts, and external demand.
First, it should improve the manufacturing sector’s localization rate for parts and components by accelerating the transmission of raw materials and intermediate inputs and integrating export-oriented producers with domestic industries.
Second, in accordance with China’s 12th Five-Year Plan, the free-trade zone aims to extend the industrial value chain and improve value-added content, promote the coordination of domestic and foreign investment in manufacturing, and strengthen the sector’s classification and assessment capacity.
China wants to shift its economic model away from manufacturing and toward services, where its many graduates could be gainfully employed; but it is currently locked into its position at the bottom of most global value chains.
Indeed, France’s manufacturing industry has shrunk to barely 9% of GDP, less than Britain’s manufacturing share (10%) and less than half of Germany’s (20%).
Firms in both manufacturing and services are adopting new information technologies – today’s analog to small electric motors – to optimize supply chains and quality-management systems.
And as Chinese manufacturing moves to less accessible provinces, improved infrastructure connections to international markets fits China’s development needs.
Indeed, several large oil exporters and Asian manufacturing exporters will have sizable surpluses for as long as we can forecast.
And Germany’s powerful industrial lobby frets that American tech companies could eat their manufacturing lunch.
Trump vows to “bring back” manufacturing jobs to the US.
Xi may be confronting the most difficult domestic agenda: an effort to engineer a relatively smooth transition from an economic structure based on manufacturing and exports to one in which domestic consumption and services fuel growth.
The big question for the world economy is whether advanced countries in economic distress will be able to make room for faster-growing developing countries, whose performance will largely depend on making inroads in manufacturing and service industries in which rich countries have been traditionally dominant.
Unlike Chinese industry, Russia’s manufacturing branches were almost completely cut off from world markets, both by the Cold War and by Soviet planning.
Leaders in some countries, particularly Belarus, are shifting economic output from heavy manufacturing to technology startups.
In the past, the key engine of convergence was manufacturing.
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