Manufacturing
in sentence
1925 examples of Manufacturing in a sentence
Taxing intermediate inputs will hurt efficiency, while shifting resources away from dynamic high-tech sectors in favor of old-line
manufacturing
will depress productivity growth, with further negative implications for investment.
In advance of the 2022 Winter Olympics in Beijing, the authorities are pushing for a regionally integrated plan to balance economic growth with environmental management, including the greening of
manufacturing
processes and the elimination of “excess capacity” in energy production.
From 1999 to 2009, US multinationals in
manufacturing
cut their US employment by 2.1 million, or 23.5%, but increased employment in their foreign subsidiaries by only 230,000 (5.3%) – not nearly enough to explain the much larger decline in their US employment.
Moreover, US
manufacturing
companies that were not multinationals slashed their employment by 3.3 million, or 52%, during the same period.
A growing body of research concludes that labor-saving technological change and outsourcing to foreign contract manufacturers were important factors behind the significant cyclically-adjusted decline in US
manufacturing
employment by both multinationals and other US companies in the 2000’s.
But
manufacturing
accounted for only 8% of this increase, while services accounted for the lion’s share.
But these objectives – including improvement of market access in agriculture, manufacturing, and services; clarification of international trade rules; and progress on addressing relevant environmental issues – were overly ambitious.
Finally, while Latin America’s resource-based economic model and the increasing importance of China in the region catalyzed the growth spurt that began in 2004, the share of high-technology
manufacturing
and services exports has decreased.
Others, such as Dani Rodrik, have always been more cautious, arguing that much of the past rapid growth in major EMDEVs was due to a period of technological “catch-up” growth in manufacturing, which was reaching its limits, and could not be easily extended to the large service sector or other parts of developing economies.
It is ushering in a world in which virtual and physical systems are intertwined in manufacturing, services, and the human body itself.
Since the price spikes of the 1970’s, US oil consumption per dollar of GDP has fallen by half, which also reflects the general economic shift away from industrial
manufacturing
to less energy-intensive production.
In the tradable part of advanced economies,
manufacturing
automation – including expanding robotic capabilities and, prospectively, 3D printing – has combined with the integration of millions of new entrants into rapidly evolving global supply chains to limit employment growth.
Consider the recent challenges faced by Bombardier, a Canadian multinational that produces 100-150-seat passenger jets using globally sourced parts, including wings made by Bombardier UK, the largest
manufacturing
employer in Northern Ireland.
Innovative investment mechanisms and sharply falling
manufacturing
and installation costs of renewable energy technologies, including wind, advanced biomass, and solar power, are essential to unlocking the continent’s potential.
In Ghana, an African Rural Energy Enterprise Development project, supported by the UN Foundation, has helped small entrepreneurs to scale up and supply 50,000 homes with cleaner, more efficient cooking stoves, while generating
manufacturing
and service jobs and cutting health-damaging emissions in houses.
The benefits of information and communications technologies can be found in every area of human activity: better farming using GPS and micro-dosing of fertilizers; precision manufacturing; buildings that know how to economize on energy use; and, of course, the transformative, distance-erasing power of the Internet.
In the late 1980s and early 1990s, Japan was criticized by the US as an “unfair trader” by virtue of its soaring
manufacturing
exports.
Nonetheless, this privatization plan could be an important step toward reining in excessive state ownership in Russia, where the government controls the commanding heights of the economy in energy, mining, manufacturing, electricity generation, financial services, and transportation.
While Hong Kong remains the largest investor in the mainland and reallocated 90% of its labor-intensive
manufacturing
to factories in China, the mainland is the second largest "foreign" investor in Hong Kong.
It is also streamlining supply chains, refining workforce schedules, and optimizing
manufacturing
processes.
Quality, costs, and delivery times in auto manufacturing, for example, are reaching the European level.
The troubles of the wobbling global economy will take a lot of pep out of their burgeoning tech and
manufacturing
sectors.”
Last year, the country’s GDP growth slowed,
manufacturing
plummeted, and inflation and corruption grew uncontrollably.
For decades America seemed to dominate manufacturing, so US officials focused on liberalizing trade in manufactured goods.
By and large, America now has a relative disadvantage in manufacturing, while China has a relative advantage.
The lack of good
manufacturing
jobs was clearly a major complaint during the election; but let’s check the facts before blaming Mexico and NAFTA.
In 1993, the last year before NAFTA came into effect, Mexican
manufacturing
value added was equivalent to just 7.7% of US
manufacturing.
With average US productivity per worker at about $150,000, if Mexico’s
manufacturing
gain is attributed entirely to NAFTA, this represents about 333,000 US jobs, or less than one out of every 400 jobs in the US.
In the same period, value added in US
manufacturing
increased by $972 billion, more than 19 times as much as Mexico’s gain.
Compared to US
manufacturing
value added of $2.1 trillion, Mexico’s $50 billion is a paltry sum.
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