NAM study lays out 'facts’ on U.S. manufacturing

Amid a slew of negative news about American manufacturing, the National Association of Manufacturers contends in a new study that manufacturing still plays a dominant and crucial role in economic growth. “The Facts About Modern Manufacturing” produced by the NAM and The Manufacturing Institute and sponsored by Toyota Motor North America, contains government statistics and NAM econom...

11/01/2006


Amid a slew of negative news about American manufacturing, the National Association of Manufacturers contends in a new study that manufacturing still plays a dominant and crucial role in economic growth.

“The Facts About Modern Manufacturing” produced by the NAM and The Manufacturing Institute and sponsored by Toyota Motor North America, contains government statistics and NAM economic analysis, It also features a series of success stories in manufacturing.

The book is available for download at www.nam.org/facts .

“The Facts book sets the record straight about manufacturing’s central role in the U.S. economy,” said NAM President John Engler. “It is an essential resource for anyone interested in the future of manufacturing in America %%MDASSML%% from policymakers and the media to educators and political candidates who need to know how manufacturing supports their state’s economy and how they can support manufacturing.”

“The Facts book documents how manufacturing drives economic growth, productivity and innovation in America,” added Jerry Jasinowski, president of The Manufacturing Institute (the research and education arm of the NAM).

“Some mistakenly believe manufacturing in the United States is in decline because of the continuing evolution of global sourcing and competition. In fact, U.S. manufacturing is vibrant, robust and contributes greatly to the dynamic American economy,” added Dennis Cuneo, senior vice president at Toyota Motor North America.

The Facts book highlights six manufacturing pillars that support today’s U.S. economy:

  • Manufacturing made the highest contribution (15%) of all sectors to real Gross Domestic Product (GDP) growth between 2001 and today.

  • Manufacturing is the engine of American technology development and innovation, responsible for more than 70% of private sector R&D.

  • Manufacturing’s high productivity rate %%MDASSML%% which determines real wage and benefit compensation %%MDASSML%% increased by more than 50% over the past decade and was far higher than for services.

  • Manufactured goods make up more than 60% of U.S. exports, helping to pay for U.S. imports. While agricultural exports amount to about $50 billion a year, manufacturers export that much each month.

  • Manufacturing wages and benefits are approximately 25% higher than in non-manufacturing jobs.

  • Manufacturing has a greater multiplier effect on the rest of the economy than does any other sector; each manufacturing dollar generates an additional $1.37 in economic activity.

    • “Even with these strengths, there are many challenges facing manufacturers in America,” Engler said. “Structural non-wage costs such as taxes and regulations are more than 30% higher than for our major trading partners. The underlying pressures that make it difficult to manufacture in the United States should be a top priority for policymakers.”



Top Plant
The Top Plant program honors outstanding manufacturing facilities in North America.
Product of the Year
The Product of the Year program recognizes products newly released in the manufacturing industries.
System Integrator of the Year
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
June 2018
2018 Lubrication Guide, Motor and maintenance management, Control system migration
May 2018
Electrical standards, robots and Lean manufacturing, and how an aluminum packaging plant is helping community growth.
April 2018
2017 Product of the Year winners, retrofitting a press, IMTS and Hannover Messe preview, natural refrigerants, testing steam traps
June 2018
Machine learning, produced water benefits, programming cavity pumps
April 2018
ROVs, rigs, and the real time; wellsite valve manifolds; AI on a chip; analytics use for pipelines
February 2018
Focus on power systems, process safety, electrical and power systems, edge computing in the oil & gas industry
Spring 2018
Burners for heat-treating furnaces, CHP, dryers, gas humidification, and more
April 2018
Implementing a DCS, stepper motors, intelligent motion control, remote monitoring of irrigation systems
February 2018
Setting internal automation standards

Annual Salary Survey

After two years of economic concerns, manufacturing leaders once again have homed in on the single biggest issue facing their operations:

It's the workers—or more specifically, the lack of workers.

The 2017 Plant Engineering Salary Survey looks at not just what plant managers make, but what they think. As they look across their plants today, plant managers say they don’t have the operational depth to take on the new technologies and new challenges of global manufacturing.

Read more: 2017 Salary Survey

The Maintenance and Reliability Coach's blog
Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
One Voice for Manufacturing
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Maintenance and Reliability Professionals Blog
The Society for Maintenance and Reliability Professionals an organization devoted...
Machine Safety
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
Research Analyst Blog
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Marshall on Maintenance
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
Lachance on CMMS
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
Electrical Safety Update
This digital report explains how plant engineers need to take greater care when it comes to electrical safety incidents on the plant floor.
Maintenance & Safety
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
IIoT: Machines, Equipment, & Asset Management
Articles in this digital report highlight technologies that enable Industrial Internet of Things, IIoT-related products and strategies.
Randy Steele
Maintenance Manager; California Oils Corp.
Matthew J. Woo, PE, RCDD, LEED AP BD+C
Associate, Electrical Engineering; Wood Harbinger
Randy Oliver
Control Systems Engineer; Robert Bosch Corp.
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me