April 14, 2010 – UMA in Congress
On April 14-15, 2010, manufacturers from across the nation will be in Washington to participate in the National Association of Manufacturers' (NAM) Manufacturing Summit. All of the events during the Summit share one common goal: to meet with lawmakers on Capitol Hill and leave a durable impression of who we are, what we stand for and why manufacturing matters. Sorry I am not able to attend the Summit with them.
Although I'm unable to visit you in person, I fully support the message you will hear from the NAM delegation during the Summit.
Our nation's unemployment continues to hover at 10 percent, and many industrial sectors of the economy are still struggling to recover. Other nations are investing in technology, adjusting their tax codes and building their infrastructure to accommodate and attract manufacturing. The rules for success in the global economy are constantly changing, and manufacturers in America are all too often victimized by outdated policies that harm their ability to compete and provide high-paying jobs to American workers. The NAM is concerned about jobs and how quickly we can get America back to work. At the same time, we want to make sure we are spending, investing and improving America's ability to compete. Read More
BUSINESS INVENTORIES RISE IN FEBRUARY
April 14, 2010 – Late Wire at Manufacturing.net
Commerce Department says business inventories rose 0.5 percent in February -- that’s above analysts’ expectations of a 0.4 percent gain ... continue
CHINA ADMITS FOREIGN INVESTORS FACE OBSTACLES
April 14, 2010 – Today in Manufacturing.net
Officials said foreign companies face problems in China but said Beijing is improving conditions amid tensions over foreigners being squeezed out of Chinese industries... continue
SURVEY: ECONOMIC RECOVERY IS SPREADING
April 14, 2010 – Late Wire at Manufacturing .net
Merchants are seeing better sales and factories are boosting production, indicating recovery is spreading, but many companies are still wary of hiring, Fed Reserve said ... continue
EUROZONE INDUSTRIAL PRODUCTION CONTINUES TO SURGE
April 14, 2010 – Today in Manufacturing.net
EU statistics office said industrial production rose by 0.9 percent in February, higher than the 0.1 percent increase anticipated, and the second sizable monthly rise... continue
OPEC SAYS CRUDE DEMAND DOWN
April 14, 2010 – Today in Manufacturing.net
Organization of the Petroleum Exporting Countries lowered its forecast for oil demand this year, reflecting a world economy that's still struggling ... continue
BERNANKE: RECOVERY TOO WEAK TO HELP UNEMPLOYMENT
April 14, 2010 – Today in Manufacturing.net
Pace of recovery will likely be sluggish because Americans still face high unemployment, stagnant wages, weak home values, rising foreclosures and hard-to-get credit... continue
RETAIL SALES UP 1.6 PERCENT IN MARCH
April 14, 2010 – Today in Manufacturing.net
Retail sales rose for the third straight month in March, the latest sign that consumer spending is rising fast enough to support a modest economic recovery... continue
Rise In China's Currency Likely To Have Slow Impact
April 14, 2010 – Late Wire at Manufacturing.net
China is expected to let yuan rise against dollar, but don’t expect to see higher prices on store shelves or large jumps in U.S. exports anytime soon, economists say ... continue
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