The Manufacturing Agenda: A Policy and Political Update Aric Newhouse Senior Vice President, Policy and Government Relations National Association of Manufacturers
Employment Situation Millions Unemployment of Workers Rate 14 11% 13 10% 12 9% 11 8% 10 7% 9 6% 8 5% 7 6 4% 2008 2009 2010 2011 2012 2013 2014 Durable Goods Nondurable Goods Unemployment Rate Source: Bureau of Labor Statistics
Manufacturing Employment Growth (December 2007 = 100) 105 100 95 90 85 80 75 2008 2009 2010 2011 2012 2013 2014 Nonfarm Payrolls Manufacturing Durable Goods Nondurable Goods Source: Bureau of Labor Statistics
Monthly Changes in Employment, 2013-2014 (Thousands of Employees) 280 274 237 203 201 202 199 197 164 149 141 113 75 35 22 21 18 17 8 8 3 3 -9 -3 -6 -7 Jan-13 Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan-14 Nonfarm Payrolls Manufacturing Source: Bureau of Labor Statistics
Top 20 States for Manufacturing Job Creation, December 2009 to December 2013 (in Thousands of Workers) Michigan 102.5 Texas 69.7 Indiana 53.0 Ohio 50.9 Wisconsin 43.4 Tennessee 27.0 Washington 24.8 Illinois 22.7 South Carolina 19.2 Minnesota 17.7 Iowa 17.7 Kentucky 15.6 Oregon 14.1 Georgia 13.0 North Carolina 12.0 Florida 11.6 Utah 10.9 Colorado 9.8 California 9.8 Louisiana 9.7 Source: Bureau of Labor Statistics
Manufacturing Sectors with the Largest Net Employment Gains YTD, in Thousands of Employees (December 2009 to January 2014) Transportation equipment 212.1 Fabricated metal products 189.1 Machinery 136.8 Plastics and rubber products 52.0 Primary metals 47.9 Food manufacturing 33.9 Miscellaneous nondurable goods manufacturing 21.4 Electrical equipment and appliances 18.7 Wood products 16.9 Miscellaneous durable goods manufacturing 11.0 Nonmetallic mineral products 3.1 Furniture and related products 2.0 Chemicals 1.8 Petroleum and coal products 1.2 Source: Bureau of Labor Statistics
Primary Current Business Challenges, Fourth Quarter 2013 Rising health care/insurance costs 77.2% Unfavorable business climate (e.g., taxes, regulations, 76.1% government uncertainties) Weaker domestic economy and U.S. product sales 51.9% Attracting and retaining a quality workforce 44.9% Rising energy and raw material costs for our products 29.1% Weaker global growth and slower export sales 20.7% Challenges with access to capital 6.7% Source: NAM/Industry Week Survey of Manufacturers Note: Respondents were able to check all that apply. Therefore, responses exceed 100 percent.
Federal Government Receipts & Expenditures as a % of Gross Domestic Product, 1960 to Present 28% 26% 24% 22.5% 22% 20% 18% 17.7% 16% 14% 60 65 70 75 80 85 90 95 20 05 10 13 00 Federal Receipts as a % of GDP Federal Expenditures as a % of GDP Source: Bureau of Economic Analysis
(2011 reporting period) Includes onshore oil and gas production; natural gas processing, transmission, compression and local distribution; other oil and gas systems. Includes production/manufacture of adipic acid, ammonia, HCFCs, hydrogen, nitric acid, petrochemicals, soda ash, phosphoric acid, titanium dioxide, and other chemicals. Includes food processing, ethanol production, underground coal mines, electronics manufacturing. Includes municipal landfills, industrial landfills, wastewater treatment, and solid waste combustion. Includes production/manufacture of aluminum, iron and steel, magnesium and other metals. Includes production/manufacture of cement, glass, lime and other minerals. Source: Environmental Protection Agency (ghgdata.epa.gov)
0.075 parts per million (ppm) Source: Environmental Protection Agency
0.060 parts per million (ppm) Map courtesy of the American Petroleum Institute
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