In Q1 2017 the global economy was driven by strong growth in manufacturing & trade and The International Monetary Funds (IMF) latest report shows that the broad based growth will continue through 2018. Blog post by Ketan Deshpande, MN
Manufacturing companies need to ensure sustainable growth and profitability in today's global and competitive economy. Cost management is the primary reason for out sourcing jobs to "low cost" countries however increasing amount of automation is also changing the dynamic ..... read on
I really liked the comprehensive method USNews used to rank all states. Their rating considered typical state data such as population, GDP growth, educational rating, economic and racial diversity, etc.. Apart from these typical data points they also considered health care, education, states infrastructure, crime, opportunity, internet and public safety and the integrity and health of state government.
Can you name which car companies or brands are the most American made ?As the Trump administration reviews changes to NAFTA and other economic policies, the industry has already started to update their investment and manufacturing plans. Companies like Ford, GM and FCA have announced jobs coming back to the US. Ford has backing away from investing $1.6 billion in a new Mexican assembly plant, however continuing their plans to expand transmission and engine factories in Mexico.
The World Bank continues to maintain its forecast that global growth will improve to 2.7 percent this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.
Moody's Analytics states that a 4.4% unemployment is great news for employees and wages. Lower unemployment creates competitive pressures for the companies and wages increase.
For 2017 #US economy continues to be the largest however #China and #India are predicted to close the gap and surpass it by 2050 .......