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Wednesday, August 29 – Chief economist Doms briefs the National Institute for Science and Technology’s Manufacturing Extension Partnership(MEP) Advisory Board members about the state of U.S. manufacturing.


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DOC Chief Economist Briefing the North American Steel Trade Committee

Washington, D.C. - Monday, July 16 - ESA's Chief Economist Mark Doms gave a macro-economic briefing with respect to manufacturing to the North American Steel Trade Committee at the White House Conference Center.  The Committee was established in 2003, under the Department of Commerce's International Trade Administration to promote cooperation on policy matters affecting the North American steel market and industry.


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Employee Compensation per Hour by Major Industry, 2010

Specific findings from “The Benefits of Manufacturing Jobs” include on average, hourly wages and salaries for manufacturing jobs are $29.75 an hour compared to...
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Manufacturing Employment Has Expanded by 489,000 jobs or 4 percent since January

Manufacturing employment has expanded by 489,000 jobs or 4 percent since January 2010. This growth represents a 4 percent increase - the manufacturing industry's strongest cyclical rebound since the dual recessions in the early 1980's.


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New Report Showing Intellectual Property-Intensive Industries Contribute $5 Tril

Washington, D.C., April 11, 2012 - The U.S. Commerce Department today released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: Industries in Focus,” which finds that intellectual property (IP)-intensive industries support at least 40 million jobs and contribute more than $5 trillion dollars to, or 34.8 percent of, U.S. gross domestic product (GDP).  The...
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The U.S. Motor Vehicle Industry: Roaring Back in 2012

By any variety of measures, the U.S. motor vehicle industry has made a remarkable comeback after experiencing an incredibly deep decline during the most recent recession.  To answer the question of “just how much the motor vehicle industry has comeback?,” this blog examines the recent increases in production, employment, exports, and sales.

Production:

Motor Vehicle Assemblies

Vehicle Sales Start Strong in 2012

Quarterly Vehicle Sales

Manufacturing doing pretty well so far in 2012

 Combined manufacturing indicator table

 

International Trade: U.S. and India

US Exports to India 2001-2011

Travel and tourism totaled $1.2 trillion in 2011, supporting 7.6 million jobs

Figure 1. Tourism Spending 

Surf’s Up!  (and by “Surf” I mean “Tourism”)