Experts see optimism, challenges for 2012
As 2012 begins, manufacturing continues to lead the U.S. economy in its slow climb back to prosperity.
As 2012 begins, manufacturing continues to lead the U.S. economy in its slow climb back to prosperity. Industry experts from a variety of disciplines see the challenges ahead, but also see room for steady growth in the year ahead. Unemployment crept down to 8.3% in February, and new job initiatives are being announced daily as manufacturing continues to find a foothold.
Four industry leaders have studied manufacturing as it began 2012, and offer their views on where we’re at, and where we’re going.
To read about their views, click the links below:
- McGladrey: ‘Cautious confidence’ requires a global view
- Underwriters Laboratory: Sustainable manufacturing will attract customers
- Fed Letter: Why are manufacturers struggling to hire high-skilled workers?
- NGM Report: Sustainability a smart strategy
Also, be sure to read the results of the 2011 Salary Survey.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey