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Manufacturing in sentence

1925 examples of Manufacturing in a sentence

The low-hanging fruit in manufacturing has already been picked.
The state’s extensive environmental and energy regulation, including micromanaging carbon emissions, in combination with globalization, has driven away much of California’s manufacturing and many of its middle-class jobs.
With machines taking over high-wage manufacturing jobs, companies are increasingly seeking higher-skill workers in areas ranging from science to the arts.
In 2014, services’ share of GDP already exceeded 50%, more than the manufacturing and primary sectors combined.
One common forecast is that as ever-more advanced robots substitute workers, the cost of labor will become less important, and manufacturing will move back to rich countries.
Apple is shifting some manufacturing from China to Silicon Valley;Airtex Design Group is moving part of its textile production from China back to the United States.
For the moment, the return of manufacturing to rich countries remains a prediction, not an outcome.
In the past, the US brought a large open market, foreign direct investment, and technology, while China supplied low-cost labor-intensive components in key global manufacturing supply chains.
Governments throughout the EU should focus on raising productivity – not just in the most internationally exposed sectors, like manufacturing, but also in less tradable sectors, such as services, which now account for around two-thirds of economic activity.
They are the locations where Toyota and BMW built their manufacturing plants in the United States.
As with the geographic relocation of US manufacturing jobs, TAA is not a solution for this kind of ailment.
Over the last two decades, Asia’s economic boom was largely driven by intra-regional manufacturing linkages, in which intermediate goods and parts were sourced from within Asia to be assembled into final goods for export to developed markets – earning the region the moniker “factory Asia.”
As manufacturing wages rise and labor intensity falls, Asia will need to rely more on services to create jobs for the millions of people who join the workforce each year.
As it stands, while the services sector accounts for more than 70% of employment in South Korea, its productivity-growth rate remains much lower than that of the manufacturing sector.
During the first Industrial Revolution, in the eighteenth and nineteenth centuries, new manufacturing processes eventually led to huge improvements in human wellbeing.
Meanwhile, rapid technological change, including distributed manufacturing and digital business, has put many people aged 50-65 out of work.
In reality, the Made in China 2025 strategy – which, incidentally, is inspired partly by the US government’s own massive investment in research and development – seeks to raise China’s manufacturing ability only to the average level of the world’s major manufacturing powers by 2035 (not 2025), a rather modest goal.
Yet there is not a shred of evidence to support bipartisan claims that this ongoing carnage is the result of outsourcing US manufacturing jobs to China.
While the manufacturing sector’s share of private employment fell from 11.9% in January 2008 to 10.7% in September 2012, this is only a small portion of the enormous secular decline since the early 1970’s, when manufacturing accounted for more than 30% of private-sector employment.
These were adopted not only with America’s assent, but at its insistence, at a time (the mid-2000s) when China’s renminbi was greatly undervalued, contributing to the loss of millions of US manufacturing jobs.
The economic benefits include job creation in the short term, “re-shoring” of some manufacturing activities in the medium term, and, lower macroeconomic vulnerability to global oil shocks in the long term.
The related emphasis on productivity, innovation, pruning excess capacity, and moving up the value chain in manufacturing and services are underscored as key building blocks of this effort.
Already, 31% of US firms say they may delay or cancel investment decisions, 18% may relocate some or all of their manufacturing outside China, and 3% may even exit the Chinese market altogether.
The Manufacturing FallacyNEW YORK – Economists long ago put to rest the error that Adam Smith made when he argued that manufacturing should be given primacy in a country’s economy.
But the manufacturing fetish recurs repeatedly, the latest manifestation being in the United States in the wake of the recent crisis.
In mid-1960’s Great Britain, Nicholas Kaldor, the world-class Cambridge economist and an influential adviser to the Labour Party, raised an alarm over “deindustrialization.”His argument was that an ongoing shift of value added from manufacturing to services was harmful, because manufactures were technologically progressive, whereas services were not.
The case for a shift to manufacturing remains unproven, because it cannot be proved.
Six million manufacturing jobs disappeared in the first decades of the 2000s.
According to The Wall Street Journal, since December 2007, the US has lost 16% of its manufacturing jobs (many to China), leaving it with the lowest employment in this sector since before World War II.
If American officials do not begin to recognize the realities of today’s globalized world, the US may unwittingly (and self-destructively) find itself cut off from the kinds of new foreign investment flows that are sorely needed to revitalize its manufacturing and infrastructure sectors.
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