Manufacturing Activity October 2012
In spite of the September gain in manufacturing output, the factory sector experienced a 0.9 percent contraction during the third quarter of 2012, a near mirror image of the 1.0 percent increase seen during the second quarter. Further, the Purchasing Managers’ Index has been flashing disconcerting signs for near-term activity in U.S. manufacturing. One of the most disheartening consequences of the now clear slowdown in U.S. manufacturing output growth is the renewed loss of manufacturing jobs after a relatively strong string of gains that was one of the few bright spots in an otherwise bleak job market recovery.
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Tuesday, October 23, 2012
The MAPI Foundation
Manufacturing executives, policymakers, the media, and the association community rely on the MAPI Foundation’s unbiased research, forecasting, and rich analyses to gain unbiased insight into the challenges and opportunities facing the manufacturing sector. Our highly respected economists and business analysts use proprietary models to generate regular forecasts for global manufacturing activity. They also produce data-driven policy analyses that provide insights into major topics influencing manufacturing competitiveness, including energy, tax, the labor market, global trade, innovation, and regulations. Our team regularly delivers keynote presentations at major industry events and board meetings, and for major media outlets we serve as a trusted expert on the manufacturing economy.
The foundation is the research affiliate of the Manufacturers Alliance for Productivity and Innovation. Founded in 1933, MAPI contributes to the competitiveness of U.S. manufacturing through professional development and executive education. Rather than lobbying, we leverage our position as a thought leader to raise awareness of what U.S. manufacturing needs to remain innovative, productive, and best in class.