Manufacturing
in sentence
1925 examples of Manufacturing in a sentence
The temptation for Trump to “wag the dog” by
manufacturing
a foreign-policy crisis will be high, especially if the Democrats retake the House of Representatives this year.
And new developments in battery technology, together with declining
manufacturing
costs, are expanding the availability of off-grid energy storage.
That skepticism reflects a variety of recent news indicating weak output in parts of the Chinese economy – for example, headlines about reduced industrial production, declines in
manufacturing
exports, and shutdowns in particular industries.
There was huge downward pressure on
manufacturing
prices from low-wage Asian economies, while unemployment in the developed world averaged 5-6% – about twice as high as in the earlier post-war decades.
Indeed, in recent weeks, “the factory of the world” has become plagued by the closure of thousands of
manufacturing
plants and the threat of widespread labor unrest.
Surveys of
manufacturing
and construction dropped precipitously.
Indeed, the “Dutch Disease” – named for the catastrophic drop in Dutch
manufacturing
competitiveness after the discovery of natural gas in the North Sea drove up the currency – has become a serious concern.
Japan’s productivity slump permeates the entire economy; labor and capital productivity gains have nearly stalled in almost every sector – even in Japan’s signature advanced
manufacturing
industries.
New research by the McKinsey Global Institute examines Japan’s advanced manufacturing, retail, financial services, and health-care industries in detail – and finds substantial untapped productivity potential in every area.
The result is excessively high financing costs, which have made it impossible for firms in many
manufacturing
industries to maintain marginal profitability.
The fact that China is now the world’s largest oil importer, as well as its leading trading and
manufacturing
economy, lends weight to its “petroyuan” and other initiatives to internationalize the renminbi.
India’s leaders must develop a comprehensive plan to eliminate barriers to economic competitiveness, expand employment opportunities in manufacturing, and improve workers’ education and skills.
At the same time, India should expand labor-intensive manufacturing, thereby creating employment opportunities for its growing pool of workers.
Given that
manufacturing
contributes only 15% of India’s total output, compared to 31% in China, there is considerable room for growth.
China transformed its agrarian economy by building a strong, labor-intensive industrial base, shifting workers from agriculture to
manufacturing
and construction, and improving productivity across all sectors.
As Jagdish Bhagwati and Arvind Panagariya have pointed out,excessive labor-market regulations deter Indian entrepreneurs from employing unskilled workers and developing labor-intensive manufacturing, implying that the Indian government should redouble its reform efforts in this area.
Camp’s proposal would significantly reduce incentives to move
manufacturing
abroad for tax reasons.
Kenya’s leaders understand this, which is why the government has made manufacturing, health care, education, and affordable housing top priorities in its Vision 2030 development program.
Targeted policies have promoted the emergence of a diversified economy based on processed natural resources, high-value
manufacturing
industries – such as consumer electronics, industrial automation, and heavy industries – and services.
Five sectors – energy and mining, agriculture, manufacturing, tourism, and infrastructure – could account for more than 90% of Myanmar’s total growth and employment potential.
Of these, manufacturing, which could take advantage of many companies’ desire to relocate from China and other Asian economies where wages are rising, is by far the most important.
The
manufacturing
sector could, according to the MGI report, employ 7.6 million people and generate nearly $70 billion of GDP by 2030 – more than triple the potential size of the agriculture sector, which currently is Myanmar’s largest.
Today, Ireland’s unemployment rate is falling dramatically, and its
manufacturing
sector is booming.
In manufacturing, it deters poor countries from moving up the value chain as tariffs on their exports increase with the degree of processing.
Africa does not have a large labor-intensive
manufacturing
sector to absorb its mushrooming young population.
Labor, no matter how inexpensive, will become a less important asset for growth and employment expansion, with labor-intensive, process-oriented
manufacturing
becoming a less effective way for early-stage developing countries to enter the global economy.
China’s
manufacturing
investments, however, are often located in industrial parks or special economic zones (SEZs).
But even as production moves offshore, wave after wave of Yen appreciation hits the
manufacturing
sector and requires yet more efforts and adjustment.
“Being at the heart of the global financial system,” he said, “broadens the investment opportunities for the institutions that look after British savings, and reinforces the ability of UK
manufacturing
and creative industries to compete globally.”
But if finance continues to take a disproportionate number of the best and the brightest, there could be little British
manufacturing
left by 2050, and even fewer hi-tech firms than today.
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