The Bureau of Labor Statistics has manufacturing employment around 12,400,000 but only counts from the production floor out the loading dock door, and although employment is up since the Great Recession, even robust PMI and CMI numbers won’t move employment above 2007 pre-recession levels as more automation and innovation are introduced. What is going strong is productivity, having now exceeded the peak of Q1 2008 – just before the Great Recession drop. This expansion is expected to continue through 2017 and into 2018.
Episode 196: Upwardly Strong: ISM at 58.8 and CMI at 55.1
Mr. Lewis Weiss is Host of Manufacturing Talk Radio and President of All Metals & Forge Group, the principal sponsor of the show. He has 60 years in the metals industry as a manufacturer of open die forgings and seamless rolled rings, running a business that sells forged products globally to OEMs, major manufacturers, mid-size first- and second-tier suppliers, and small metalworking companies. Lewis Weiss puts his experience in manufacturing to good use as an expert consultant on various TV and radio programs nationwide.
Mr. Tim Grady is an Executive Producer and Co-host of Manufacturing Talk Radio. He brings more than 25 years of knowledge as a senior strategist and business advisor to companies of all sizes in more than thirty industries, advising them on revving up revenues, macro and micro marketing, strategic selling, organization optimization, website ergonomics, data mining, and other external or internal factors that can accelerate or impede business operations and net profit.