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Manufacturing in sentence

1925 examples of Manufacturing in a sentence

China has already surpassed the US in manufacturing output, savings, trade, and even GDP when measured in terms of purchasing power parity.
What has not happened is significant destruction of jobs in the state sector and manufacturing industries, especially since 2009.
As the UHS data suggest, the average time it takes an unemployed worker to find a new job in the services and non-state sectors is shorter than in the manufacturing and state sectors.
If the manufacturing and state sectors do begin to lay off more employees, urban unemployment rates are bound to rise.
This has sustained the rapid growth of the secondary sector (especially manufacturing and construction), which has thus been absorbing large numbers of low-skill workers.
Today, the country is a remarkable economic power: the world’s manufacturing workshop, its foremost financier, a leading investor across the globe from Africa to Latin America, and, increasingly, a major source of research and development.
Last year, more than 110,000 students in Mexico earned degrees in areas such as engineering, manufacturing, and construction – a higher figure than in some of the most developed countries, including France, Germany, and the United Kingdom.
Already, Mexico is a manufacturing powerhouse and one of the world’s top sellers of goods like television sets, vehicles, auto parts, computers, and mobile phones.
In fact, the very concept of state-guided development was practically invented by the US over 200 years ago, when Alexander Hamilton, the country’s first Treasury secretary, called for more government support of manufacturing, through tariffs and other policies.
When combined with China’s rapid growth in manufacturing capacity, this pattern promises to create a new round of global imbalances.
One heartening exception is a recent agreement between the United Kingdom and France to forge a manufacturing alliance between Rolls Royce and Areva in nuclear technology.
In Chile, for example, the focus is on solar power and the link between mining and EV manufacturing.
Or will artificial intelligence replace the mantra of outsourcing and manufacturing migration?
But countries ignore the health of their manufacturing industries at their peril.
Indeed, the manufacturing sector is also where the world’s middle classes take shape and grow.
Without a vibrant manufacturing base, societies tend to divide between rich and poor – those who have access to steady, well-paying jobs, and those whose jobs are less secure and lives more precarious.
This would not necessarily have been a bad thing if labor productivity (and earnings) were not substantially higher in manufacturing than in the rest of the economy – 75% higher, in fact.
The service industries that have absorbed the labor released from manufacturing are a mixed bag.
At the high end, finance, insurance, and business services, taken together, have productivity levels that are similar to manufacturing.
The loss of US manufacturing jobs accelerated after 2000, with global competition the likely culprit.
As Maggie McMillan of the International Food Policy Research Institute has shown, there is an uncanny negative correlation across individual manufacturing industries between employment changes in China and the US.
In Britain, where the decline of manufacturing seems to have been pursued almost gleefully by Conservatives from Margaret Thatcher until David Cameron came to power, the numbers are even more sobering.
For developing countries, the manufacturing imperative is nothing less than vital.
When manufacturing takes off, it can generate millions of jobs for unskilled workers, often women, who previously were employed in traditional agriculture or petty services.
But the weakness of manufacturing is a drag on India’s overall economic performance and threatens the sustainability of its growth.
Much of that employment will need to come from manufacturing.
For developing countries, expanding manufacturing industries enables not only improved resource allocation, but also dynamic gains over time.
This is because most manufacturing industries are what might be called “escalator activities”: once an economy gets a toehold in an industry, productivity tends to rise rapidly towards that industry’s technology frontier.
I have found in my research that individual manufacturing industries, such as auto parts or machinery, exhibit what economists call “unconditional convergence” – an automatic tendency to close the gap with productivity levels in advanced countries.
A typical mistake in evaluating manufacturing performance is to look solely at output or productivity without examining job creation.
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