manufacturing jobs for america update - july 2015

8/20/2019 Manufacturing Jobs for America Update - July 2015

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MANUFACTURING UPDATE- July 2015 -

1. LATEST POLICY

==================================

Sens. Warner, Blunt Lead Coalition in Introducing Bipartisan Infrastructure

LegislationU.S. Sens. Mark R. Warner (D-VA) and Roy Blunt (R-MO) led a bipartisan coalition of eleven Senators in

introducing legislation to establish a new infrastructure financing authority to help states and localities

better leverage private funds to build and maintain the nation’s outdated infrastructure. The Building

and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act helps to address

the nation’s alarming investment shortfall in maintaining and improving our transportation network,water and wastewater systems and energy infrastructure. The legislation would provide an additional

financing tool for states and localities to create new jobs here at home while also increasing our nation’s

economic competitiveness.

The American Society of Civil Engineers (ASCE) estimates that we need to invest an additional $1.6

trillion in our nation’s infrastructure to bring it to a good state of repair. For example, as of 2012, of the

more than 600,000 bridges in the U.S., 24.9 percent were either functionally obsolete or structurally

deficient. Nationally, our bridges are, on average, 42 years old, and need an estimated $76 billion to

repair and replace. Similarly, the average age of the 84,000 dams in the country is 52 years old, and the

Association of State Dam Safety Officials estimates that aging and high-hazard dams require an

investment of $21 billion to repair.

To help address this funding shortfall for our nation’s transportation, water and energy infrastructure,

the BRIDGE Act will establish an independent, nonpartisan financing authority to complement existing

U.S. infrastructure funding. The authority would provide loans and loan guarantees to help states and

localities fund the most economically viable road, bridge, rail, port, water, sewer, and other significant

infrastructure projects. The authority would receive initial seed funding of up to $10 billion, which could

incentivize private sector investment and make possible $300 billion or more in total project investment.

The authority is structured in a way to make it self-sustaining over time without requiring additional

federal appropriations.

More: Warner Release

http://www.warner.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=16cdfd20-4d06-4afc-936b-7eb67ad992d7http://www.warner.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=16cdfd20-4d06-4afc-936b-7eb67ad992d7http://www.warner.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=16cdfd20-4d06-4afc-936b-7eb67ad992d7


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Senate Passes Murphy ‘Buy American’ Amendment to Boost American

ManufacturingThe U.S. Senate passed US Senator Chris Murphy’s amendment to the National Defense Authorization

Act that will increase Congressional oversight of the U.S. Department of Defense (DoD) by requiring

more transparency about DoD’s overuse of Buy American Act waivers through the “overseas use”

loophole in the law. This Buy American Act loophole currently allows federal agencies to use Americantaxpayer dollars to purchase goods or services from foreign companies—more than $5 billion worth last

year—to the detriment of American businesses.

More: Murphy Release

Peters, Stabenow, Alexander Introduce Vehicle Innovation ActU.S. Senators Gary Peters (D-MI) and Debbie Stabenow (D-MI), along with Lamar Alexander (R-TN),

introduced the bipartisan Vehicle Innovation Act (VIA) to promote investments in research and

development of clean vehicle technologies that will create more fuel efficient vehicles, reduce our

nation’s dependence on foreign oil, and support American auto manufacturers.

The Vehicle Innovation Act reauthorizes the Department of Energy's Vehicle Technologies Program,which works with light duty automobile and medium and heavy duty commercial truck manufacturers

and suppliers to conduct research and development to improve fuel efficiency in vehicles.

The bill directs the Department of Energy to partner with public and private sector entities to promote

technology-neutral research and investment which will include a diverse array of technologies, including

hybrids, battery electric vehicles and natural gas-powered vehicles, that will reduce our dependence on

imported oil, support domestic research and development, and grow our advanced manufacturing

industry in the United States.

More: Peters Release

Schakowsky, Durbin and Brown: Tax Credits should go to Companies that Investin American Workers, Not Ship Jobs OverseasRep. Jan Schakowsky (IL-09), Sen. Dick Durbin (IL) and Sen. Sherrod Brown (OH) introduced the Patriot

Employer Tax Credit Act , a bill that would provide a tax credit to companies that provide fair wages and

good benefits to workers while closing a tax loophole that incentivizes corporations to send jobs

overseas. The loophole costs the U.S. Treasury approximately $50 billion each year at a time when

outsourced jobs and stagnant wages force more American families to turn to safety net programs to

make ends meet. The bill is cosponsored by Representatives Raul Grijalva (AZ-03), Keith Ellison (MN-05),

Bobby Rush (IL-01) and Senators Jack Reed (RI), Elizabeth Warren (MA), Bernie Sanders (VT) and Tammy

Baldwin (WI).

More: Schakowsky Release

http://www.murphy.senate.gov/newsroom/press-releases/senate-passes-murphy-buy-american-amendment-to-boost-american-manufacturinghttp://www.murphy.senate.gov/newsroom/press-releases/senate-passes-murphy-buy-american-amendment-to-boost-american-manufacturinghttp://www.peters.senate.gov/content/peters-stabenow-alexander-introduce-vehicle-innovation-acthttp://www.peters.senate.gov/content/peters-stabenow-alexander-introduce-vehicle-innovation-acthttp://schakowsky.house.gov/press-releases/schakowsky-durbin-and-brown-tax-credits-should-go-to-companies-that-invest-in-american-workers-not-ship-jobs-overseas/http://schakowsky.house.gov/press-releases/schakowsky-durbin-and-brown-tax-credits-should-go-to-companies-that-invest-in-american-workers-not-ship-jobs-overseas/http://schakowsky.house.gov/press-releases/schakowsky-durbin-and-brown-tax-credits-should-go-to-companies-that-invest-in-american-workers-not-ship-jobs-overseas/http://www.peters.senate.gov/content/peters-stabenow-alexander-introduce-vehicle-innovation-acthttp://www.murphy.senate.gov/newsroom/press-releases/senate-passes-murphy-buy-american-amendment-to-boost-american-manufacturing


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Sen. Markey & Rep. Neal Partner to Create Jobs Rebuilding Crumbling

Infrastructure, Boost Investment in Local ProjectsSenator Edward J. Markey (D-Mass.) and Rep. Richard Neal (D-Springfield) today introduced the

Bolstering Our Nation’s Deficient Structures (BONDS) Act, legislation that would create jobs helping to

rebuild America’s crumbling infrastructure. The BONDS Act provides financing tools to state and local

governments to help build bridges, roads, schools and other local critical infrastructure projects.Patterned after the successful Build America Bonds program created in 2009 as part of the American

Recovery and Reinvestment Act, the BONDS Act would allow a state or local government to issue a bond

to make a public investment while the federal government provides a subsidy to that state or local

government to help pay the interest on the bond. The BONDS Act will revive the Build America Bonds

program and make it permanent.

More: Markey Release

Hirono Authors Clean Energy LegislationSenator Mazie K. Hirono introduced a package of energy bills this week that highlight her commitment

to spurring innovation and investment in clean energy in Hawaii and across the country.

Included in this package is the Clean Energy Technology Manufacturing and Export Assistance Act (S.

1263)that will help small and medium sized clean technology businesses find new markets in the United

States and around the world by creating a Clean Energy Technology Manufacturing and Export

Assistance Fund administered by the International Trade Administration. The Clean Energy Technology

Manufacturing and Export Assistance Fund will assist clean technology firms with export assistance,

including finding and navigating foreign markets to export their goods and services abroad.

Furthermore, the bill will expand domestic clean technology manufacturing industry by promoting

policies that will reduce production costs and encourage innovation, investment, and productivity in the

domestic clean energy technology industry, which will help domestic companies increase demand and

create jobs. Congresswoman Doris Matsui has (CA-6) introduced the Clean Energy Technology

Manufacturing and Export Assistance Act in the U.S. House of Representatives.

More: Hirono Release

Kaine Reintroduces Middle STEP Act to Create CTE Pilot Program in Middle

SchoolsU.S. Senator Tim Kaine, co-chair of the Senate Career and Technical Education (CTE) Caucus, along with

U.S. Senators Mark Warner, Barbara Boxer, Sheldon Whitehouse, and Bob Casey, introduced the Middle

School Technical Education Program (Middle STEP) Act that would expose middle school students to CTE

programs focused on career exploration.

The Middle STEP Act would establish a pilot program that allows middle schools to partner with

postsecondary institutions and local businesses to develop and implement CTE exploration programsthat give students access to apprenticeships or project-based learning opportunities, which are

traditionally not available to students until high school or postsecondary programs. Kaine introduced an

earlier version of the legislation in the 113 th Congress. Kaine’s intention is to have the Middle STEP

ACT included as an amendment to the Every Child Achieves Act of 2015, which reauthorizes

the Elementary and Secondary Education Act (ESEA) and is currently being debated on the Senate floor.

More: Kaine Release

http://www.markey.senate.gov/news/press-releases/sen-markey-and-rep-neal-partner-to-create-jobs-rebuilding-crumbling-infrastructure-boost-investment-in-local-projectshttp://www.markey.senate.gov/news/press-releases/sen-markey-and-rep-neal-partner-to-create-jobs-rebuilding-crumbling-infrastructure-boost-investment-in-local-projectshttp://www.markey.senate.gov/news/press-releases/sen-markey-and-rep-neal-partner-to-create-jobs-rebuilding-crumbling-infrastructure-boost-investment-in-local-projectshttp://www.hirono.senate.gov/press-releases/hirono-authors-clean-energy-legislation-http://www.hirono.senate.gov/press-releases/hirono-authors-clean-energy-legislation-http://www.hirono.senate.gov/press-releases/hirono-authors-clean-energy-legislation-http://www.kaine.senate.gov/press-releases/kaine-reintroduces-middle-step-act-to-create-cte-pilot-program-in-middle-schoolshttp://www.kaine.senate.gov/press-releases/kaine-reintroduces-middle-step-act-to-create-cte-pilot-program-in-middle-schoolshttp://www.kaine.senate.gov/press-releases/kaine-reintroduces-middle-step-act-to-create-cte-pilot-program-in-middle-schoolshttp://www.kaine.senate.gov/press-releases/kaine-reintroduces-middle-step-act-to-create-cte-pilot-program-in-middle-schoolshttp://www.hirono.senate.gov/press-releases/hirono-authors-clean-energy-legislation-http://www.markey.senate.gov/news/press-releases/sen-markey-and-rep-neal-partner-to-create-jobs-rebuilding-crumbling-infrastructure-boost-investment-in-local-projects


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Merkley, Cartwright Introduce Bill to Create Green Jobs, Boost ManufacturingToday, Oregon’s Senator Jeff Merkley and Representative Matt Cartwright (D-PA) announced the

introduction of the Job Creation through Energy Efficient Manufacturing Act in both the U.S. Senate and

the U.S. House of Representatives. The bill would create jobs and save money for manufacturers by

putting people to work retrofitting manufacturing facilities to be more energy efficient.

Energy efficiency investments are job multipliers. Because retrofitting work can’t be outsourced andmore than 90% of the materials used are made in the United States, energy efficiency investments help

to grow American jobs and the economy.

More: Merkley Release

2. OTHER NEWS

Competitiveness Caucus Launches: Bringing Congress Together to Make America

More Competitive in the 21st CenturyThe hallmark of our nation’s economy has long been the ability of anyone with creativity, ambition and a

good work ethic to realize their dreams and move America forward. From the light bulb to the iPhone,

the legacy of American invention has shone brightly throughout the world. Yet while our culture of

innovation and entrepreneurial spirit remain strong, the policy framework that empowers that spirit to

flourish is losing its competitive edge.

For years, enabling our nation’s innovative drive was an economic system unparalleled around the world

— from competitive tax laws to public investments in research, infrastructure and education. We’ve

long understood something many other countries haven’t: For innovation and the entrepreneurial spirit

to thrive, we need a strong, competitive economic ecosystem. There simply is no single “silver bullet”

for economic growth.

We now find ourselves at a competitive inflection point. We can either do more to nurture and take

advantage of our strengths — only some of which we’ve mentioned — or we can fall behind in the 21st

century. In order to support our competitive strengths, we’re launching the bipartisan SenateCompetitiveness Caucus, a forum to bring together Democrats and Republicans to address the most

pressing issues facing our economy. We’ve worked together before on important bills such as the

STARTUP Act and MLP Parity Act, which would make it easier for innovative small companies and clean-

energy projects to access financing and grow quickly. The Council on Competitiveness, a nonpartisan

organization that brings together leaders from every corner of our economy — from industry to

academia, to labor to government — will be a key partner in the effort to advance the caucus and find

solutions to America’s biggest competitiveness challenges.

More: Roll Call

http://www.merkley.senate.gov/news/press-releases/merkley-cartwright-introduce-bill-to-create-green-jobs-boost-manufacturinghttp://www.merkley.senate.gov/news/press-releases/merkley-cartwright-introduce-bill-to-create-green-jobs-boost-manufacturinghttp://www.merkley.senate.gov/news/press-releases/merkley-cartwright-introduce-bill-to-create-green-jobs-boost-manufacturinghttp://www.rollcall.com/news/bringing_congress_together_to_make_america_more_competitive_in_the_21st-242272-1.html?pg=1&dczone=opinionhttp://www.rollcall.com/news/bringing_congress_together_to_make_america_more_competitive_in_the_21st-242272-1.html?pg=1&dczone=opinionhttp://www.rollcall.com/news/bringing_congress_together_to_make_america_more_competitive_in_the_21st-242272-1.html?pg=1&dczone=opinionhttp://www.merkley.senate.gov/news/press-releases/merkley-cartwright-introduce-bill-to-create-green-jobs-boost-manufacturing


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Export-Import Bank's Cloudy Future Raises Worries of Job LossesTo kill the Export-Import Bank, all that House Republican leaders opposing it have to do is let the bank's

charter expire Tuesday — and they are leaving Friday for the Fourth of July recess without even holding

a vote to reauthorize it.

The 81-year-old federal agency that helps companies sell their products abroad has been a prime targetof conservatives, who want to reduce the size of government and eliminate what they call crony

capitalism.

Shutting the bank's tap, though, also would eliminate tens of thousands of jobs, say business executives,

trade groups and the Obama administration.

More: LA Times

How Best to Measure an American-Made Auto?This week, Cars.com released its annual American-Made Index, which rates – you guessed it – just how

Made in America many popular car models are.

What ranked at the top? The Toyota Camry, which is assembled in Kentucky and Indiana.

That stands in contrast to another list, produced by American University’s Kogod School of Business, that

attempts to answer the same question. The 2015 Made in America Auto Index determined that the most

American-made car out there was a six-way tie between a number of GM models – the Buick Enclave,

Cadillac CTS, and Chevrolet Corvette among them.

So why the discrepancy? The difference is in the details.

More: Alliance for American Manufacturing Post

Five Contentious Issues In Upcoming UAW TalksContract talks between the Detroit automakers and the United Auto Workers union get underway nextweek. Here are five contentious issues to watch as the talks head toward a Sept. 14 contract expiration

date.

More: Manufacturing.net

Don’t Blame the Robots for Lost Manufacturing JobsIn a recent blog we described new research by George Graetz and Guy Michaels that shows the impact

of automation technology in productivity statistics. So now there is good evidence that robots are a

driver of economic growth.

However, this new evidence poses a question: Has productivity growth from robots come at the cost ofmanufacturing jobs?

More: Brookings Institute

http://www.latimes.com/business/la-fi-export-import-bank-20150626-story.html#page=1http://www.latimes.com/business/la-fi-export-import-bank-20150626-story.html#page=1https://www.cars.com/articles/the-2015-american-made-index-1420680649381/https://www.cars.com/articles/the-2015-american-made-index-1420680649381/https://www.cars.com/articles/the-2015-american-made-index-1420680649381/http://www.american.edu/kogod/autoindex/index.cfmhttp://www.american.edu/kogod/autoindex/index.cfmhttp://www.american.edu/kogod/autoindex/index.cfmhttp://www.americanmanufacturing.org/blog/entry/how-best-to-measure-an-american-made-autohttp://www.americanmanufacturing.org/blog/entry/how-best-to-measure-an-american-made-autohttp://www.manufacturing.net/news/2015/07/five-contentious-issues-in-upcoming-uaw-talkshttp://www.manufacturing.net/news/2015/07/five-contentious-issues-in-upcoming-uaw-talkshttp://www.brookings.edu/blogs/the-avenue/posts/2015/04/29-robots-manufacturing-jobs-andes-murohttp://www.brookings.edu/blogs/the-avenue/posts/2015/04/29-robots-manufacturing-jobs-andes-murohttp://www.brookings.edu/blogs/the-avenue/posts/2015/04/29-robots-manufacturing-jobs-andes-murohttp://www.manufacturing.net/news/2015/07/five-contentious-issues-in-upcoming-uaw-talkshttp://www.americanmanufacturing.org/blog/entry/how-best-to-measure-an-american-made-autohttp://www.american.edu/kogod/autoindex/index.cfmhttps://www.cars.com/articles/the-2015-american-made-index-1420680649381/http://www.latimes.com/business/la-fi-export-import-bank-20150626-story.html#page=1


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The Skills Gap? More Like the Grand CanyonThese days, getting accepted into Harvard University is slightly easier than finding an industrial

maintenance technologist to troubleshoot a complex machine communication problem.

In 2013, according to U.S. News and World Report, Harvard had an acceptance rate of 5.7 %. But if you

put to work all recent industrial technology maintenance grads, you’d only fill 5.5 % of the available jobsin five of the leading manufacturing states, says James Wall, executive director of the National Institute

for Metalworking Skills (NIMS).

More: Industry Week

3. SECTOR DATA

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Purchasing Managers’ Index (PMI)The May PMI was 52.8 percent, an increase of 1.3 percentage points from the April reading.

The PMI is a widely watched measure of aggregate manufacturing strength. PMI is based on a survey

that asks purchasing managers if Inventories, Supplier Deliveries, Employment, Production, and NewOrders have gone up or down that month. Results above 50 indicate growth.

For May, Inventories read 51.5 (+2% on February), Supplier Deliveries read 50.7 (+0.6%), Employment

read 51.7 (+3.4%), Production read 54.5 (-1.5%), and New Orders read 55.8 (+2.3%). This data is in chart

form below.

More: Institute for Supply Management

55.8

54.5

51.7

50.7

51.5

52.8

New orders

Production

Employment

Supplier

deliveries

Inventories

PMI

Change on

prior month

+1.3

+2.0

+0.6

+3.4

-1.5

+2.3

http://www.industryweek.com/education-training/skills-gap-more-grand-canyonhttp://www.industryweek.com/education-training/skills-gap-more-grand-canyonhttp://www.ism.ws/ismreport/mfgrob.cfmhttp://www.ism.ws/ismreport/mfgrob.cfmhttp://www.ism.ws/ismreport/mfgrob.cfmhttp://www.ism.ws/ismreport/mfgrob.cfmhttp://www.industryweek.com/education-training/skills-gap-more-grand-canyon


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EmploymentPreliminary estimates by the Bureau of Labor Statistics show that manufacturing employment was up

7,000 in May, at a seasonally adjusted 12.335 million.

The below chart shows the total number of manufacturing employees over the last ten years in millions

of workers, as well as the month-on-month change in manufacturing employment for the last sixmonths (in thousands). Both numbers are seasonally adjusted.

More: Bureau of Labor Statistics

Federal Reserve DataThe Fed publishes monthly data on industrial production and capacity utilization. Industrial production

is represented as an index where the 2007 level equals 100. Capacity utilization is shown as percent of

capacity. The chart below shows these measures for the last six months.

More: Fed

11

12

13

14

15

'05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 M a n u f a c t u

r i n g e m p l o y e e s ,

m i l l i o n s

+28+10 +3 +6 +1 +7

Dec Jan Feb Mar Apr May

Month-on-month change, thousands

101.3

77.0

60

70

80

90

100

98

100

102

104

Dec Jan Feb Mar April May

M a n u f a c t u r i n g c a p a c i t y

u t i l i z a t i o n ( % )

M a n u f a c t u r i n g

p r o d u c t i o n

Manufacturing production Manufacturing capacity utilization

http://data.bls.gov/timeseries/CES3000000001http://data.bls.gov/timeseries/CES3000000001http://data.bls.gov/timeseries/CES3000000001http://www.federalreserve.gov/releases/g17/current/http://www.federalreserve.gov/releases/g17/current/http://www.federalreserve.gov/releases/g17/current/http://www.federalreserve.gov/releases/g17/current/http://data.bls.gov/timeseries/CES3000000001


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In addition to the Fed’s national data, six of the twelve Federal Reserve regional branches publish

monthly updates on manufacturing conditions in their region. Because each branch uses different

questions and methodology, interregional comparisons are not suggested.

New York Fed (NY state, 12 northern NJ counties, and Fairfield County in CT)

“[B]usiness conditions worsened slightly for New York manufacturers. The headline general business

conditions index fell five points to -2.0, its second negative reading in the past three months.”

More: NY Fed

Philadelphia Fed (eastern PA, southern NJ, and DE)

“Manufacturing conditions in the region improved in June… indicators for general activity, new orders,

and shipments remained positive and increased over their readings in May.”

More: Philly Fed

Richmond Fed (DC, MD, NC, SC, Virginia & most of WV)

“[M]anufacturing activity grew modestly in June, according to the most recent survey by the Federal

Reserve Bank of Richmond.”

More: Richmond Fed

Chicago Fed (southern WI, IA, northern IL, northern IN, and southern MI)

The Chicago Fed Midwest Manufacturing Index is currently suspended, while it undergoes a process of

data and methodology revision. The next release is preliminarily scheduled for fall of 2015.

More: Chicago Fed

Kansas City Fed (western MO, NE, KS, OK, WY, CO & northern NM)

“[M]anufacturing activity declined at a slightly slower pace, and producers’ expectations improved

modestly.”

More: Kansas City Fed

Dallas Fed (TX, northern LA and southern NM)

“Texas factory activity declined again in June… The production index, a key measure of state

manufacturing conditions, rose to -6.5 but remained in negative territory, suggesting a fourth

consecutive month of contracting output.”

More: Dallas Fed

http://www.newyorkfed.org/survey/empire/empiresurvey_overview.htmlhttp://www.newyorkfed.org/survey/empire/empiresurvey_overview.htmlhttp://www.newyorkfed.org/survey/empire/empiresurvey_overview.htmlhttps://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2015/bos0615https://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2015/bos0615https://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2015/bos0615https://www.richmondfed.org/research/regional_economy/surveys_of_business_conditions/manufacturing/2015/mfg_06_23_15https://www.richmondfed.org/research/regional_economy/surveys_of_business_conditions/manufacturing/2015/mfg_06_23_15https://www.richmondfed.org/research/regional_economy/surveys_of_business_conditions/manufacturing/2015/mfg_06_23_15http://www.chicagofed.org/webpages/research/data/cfmmi/release_dates.cfmhttp://www.chicagofed.org/webpages/research/data/cfmmi/release_dates.cfmhttp://www.chicagofed.org/webpages/research/data/cfmmi/release_dates.cfmhttps://www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/mfg/2015/mfgsurvey-06-25-2015.pdf?la=enhttps://www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/mfg/2015/mfgsurvey-06-25-2015.pdf?la=enhttps://www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/mfg/2015/mfgsurvey-06-25-2015.pdf?la=enhttps://dallasfed.org/microsites/research/surveys/tmos/index.cfmhttps://dallasfed.org/microsites/research/surveys/tmos/index.cfmhttps://dallasfed.org/microsites/research/surveys/tmos/index.cfmhttps://www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/mfg/2015/mfgsurvey-06-25-2015.pdf?la=enhttp://www.chicagofed.org/webpages/research/data/cfmmi/release_dates.cfmhttps://www.richmondfed.org/research/regional_economy/surveys_of_business_conditions/manufacturing/2015/mfg_06_23_15https://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2015/bos0615http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html


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U.S. Manufacturing Technology Orders (USMTO)April U.S. manufacturing technology orders totaled $384.81 million, down 8.1% from March and down

1.0% from April 2014.

“Right now capital equipment makers are feeling the effects of a stronger dollar, which creates a drag on

exports, and lower oil and natural gas prices, which means less spending on equipment investmentsfrom the energy industry,” said AMT President Douglas K. Woods. “But what is a negative now should

help us later – imported components for capital equipment are costing less, and businesses will

accumulate savings from lower fuel prices in the coming months, meaning more money for capital

investment. We believe investment in manufacturing will remain steady, and overall performance for

the year will be as strong as we saw in 2013 and 2014.”

These numbers and all data in this report are based on the totals of actual data reported by companies

participating in the USMTO program. The chart below shows year-over-year change and total April 2015

orders on a national and regional basis. Fields marked “n/a” denote where, due to changes in the make-

up of survey participants, an accurate reflection of the data is not available.

More: Association for Manufacturing Technology

4. ABOUT THIS NEWSLETTER

==================================

This update is provided by the Office of U.S. Senator Chris Coons on behalf of the Manufacturing Jobs for America initiative. For more information, visit coons.senate.gov/manufacturing or [email protected].

-12.1

n/a

+4.8

n/a

+7.1

-1.0

West

South Central

North Central-West

North Central-East

Southeast

Northeast

Total 384.8

66.0

33.8

127.6

69.1

n/a

n/a

Year-over-year

change (%)

April

orders ($m)
http://www.amtonline.org/newsroom/AMTPressRoom/april132015usmtonewsreleaseforfebruarymanufacturingtechnologyorders.htmhttp://www.amtonline.org/newsroom/AMTPressRoom/april132015usmtonewsreleaseforfebruarymanufacturingtechnologyorders.htmhttp://www.amtonline.org/newsroom/AMTPressRoom/april132015usmtonewsreleaseforfebruarymanufacturingtechnologyorders.htmhttp://coons.senate.gov/manufacturinghttp://coons.senate.gov/manufacturinghttp://coons.senate.gov/manufacturingmailto:[email protected]:[email protected]:[email protected]://coons.senate.gov/manufacturinghttp://www.amtonline.org/newsroom/AMTPressRoom/april132015usmtonewsreleaseforfebruarymanufacturingtechnologyorders.htm

manufacturing jobs for america update - july 2015

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