Following is an analysis from Cliff Waldman, director of economic studies at the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the December 2015 durable goods report.
Following is an analysis from Don Norman, Ph.D., director of economic studies at the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the January 2016 Institute for Supply Management (ISM) report.
... Well, they talked, and talked, and talked. I was your correspondent at the annual conference of the American Economic Association in San Francisco a few weeks ago. Just for you, here are selective points of debate summarized conveniently in two paragraphs.
Having lived through the East Coast blizzard of late January, I can believe that it had any number of impacts. But it was clearly not responsible for the slower job growth, of only 151,000, that was seen in January. The reference peri
The following is a note in advance of a full report on the 2015 U.S. and China trade statistics from Ernie Preeg, Ph.D., senior advisor for internatiional trade and finance for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Producticity and Innovation.
Americans are surrounded by manufactured goods at home and work— so how can the manufacturing sector represent only 11% of GDP? The explanation is that it doesn’t. MAPI Foundation research examining the full value chain reveals that manufacturing accounts for 32% of GDP. We also find that the manufacturing multiplier is almost three times as high as official data suggest.
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