October 4th is Manufacturing Day - How are you celebrating?
Manufacturing Day is Friday October 4th, 2013 and is designed to “expand knowledge about and improve general public perception of manufacturing careers and manufacturing's value to the U.S. economy.”
Here are some of the facts:
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Manufacturing is 12% of US Economy accounting for about 1.5 trillion in exports
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For every $1 of goods produced, manufacturing generates an additional $1.43 for the economy
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Manufacturers are responsible for almost 2/3rds of all private sector R&D
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Each manufacturing job creates more than 2.91 more jobs in other sectors
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The average annual salary of manufacturing workers is more than $77,000
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Manufacturing has been the largest driver of building the middle class in the United States
Here are some ways to participate.
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Host a plant tour – If you are a manufacturer, host a plant tour to introduce visitors to some of the different aspects of running a manufacturing business: accounting, administration, customer service, engineering, estimating, information technology, logistics, purchasing, sales, etc.
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Manufacturing Community - Manufacturers in the same industrial park can work together to provide plant tours of each of the manufacturing facilities in that industrial park.
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Educational Fair - Educational institutions such as community and technical colleges can work with manufacturers for demonstrations and hands-on activities.
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Attend a Manufacturing Day Event! - To find an open house/plant tour at a manufacturing location near you, go to http://www.mfgday.com/events. Also, be sure to blog/share your experience with others…especially young people who will be the future work force.
Thanks,
Ben Moore
President
Agent Technologies, Inc.
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October 4th is Manufacturing Day - How are you celebrating? |
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Manufacturing Statistics September 2013 |
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Manufacturing Statistics
1) Industrial production was unchanged in July 2013. Manufacturing production decreased 0.1% in July 2013. Source: Federal Reserve Board
2) Nonfarm payroll employment increased by 169,000 in August 2013. Manufacturing employment increased by 19,000. Unemployment rate remained at 7.3% nationally. Source: Bureau of Labor Statistics
3) Manufacturing Trade Deficit increased to $39.1 billion in July 2013 on exports of $189.4 billion and imports of $228.6 billion. Sources: Census Bureau, Bureau of Economic Analysis
4) New orders for durable manufactured goods in July 2013 decreased $18.1 billion or 7.4% to 226.3 billion. Source: Census Bureau
5) Inventories of manufactured durable goods in July 2013 increased $1.3 billion or 0.3% to $378.9 billion. Source: Census Bureau
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