May 30, 2013
We caught up with Roscoe Wallace at PMTS and got his take on Manufacturing from his perspective as an Aluminum supplier.
- manufacturing as a career.
- material integrity from off shore
- right skill sets for job openings that their customers have in advanced manufacturing.
Thanks to Roscoe for his positive news from the aluminum side of precision machining.
And thank you to Kaiser Aluminum.
September 9, 2009
The Bureau of Labor Services reported the preliminary productivity changes in manufacturing for the second quarter of 2009:
5.3 percent gain in manufacturing;
3.9 percent gain in durable goods manufacturing;
2.0 percent gain in nondurable goods manufacturing.
According to the BLS, “The increases in productivity in all manufacturing sectors were the result of hours falling faster than output. Manufacturing includes about 11 percent of U.S. business-sector employment.”
Bureau of Labor Statistics
Productivity is defined as output per hour worked.
The 5.3 percent gain in manufacturing productivity is reported to be the largest quarterly gain in this indicator since the first quarter of 2005, when output per hour increased at a 7.3 percent annual rate. Over the last four quarters, manufacturing productivity declined 1.3 percent, as a 15.0 percent drop in output was largely offset by a 13.9 percent decline in hours worked… For the entire 2000-2008 period manufacturing productivity increased at a 3.3 percent annual rate.
The BLS declining hours data for manufacturing is approximately double that of the precision machining industry. PMPA’s Length of First Shift declined 7.9% by the end of the second quarter compared to the BLS’s “hours worked decreased 14.4 percent ” figure for manufacturing in the second quarter.