This strategy is a blueprint for competitiveness that will unleash the economy and manufacturing’s outsized multiplier effect. Importantly, manufacturers’ aspirations—the four goals laid out in the pages that follow—are ones that all Americans who want to maintain our country’s economic advantage can rally around.
Manufacturers: Jobs Report Still Shows Lackluster Movement
Manufacturing Jobs Down 16,000
10/05/12 - National Association of Manufacturers (NAM) President and CEO Jay Timmons issued this statement on the September employment report:
“Despite a drop in the unemployment rate, the jobs report today is still lackluster. Our nation is on the cusp of a fiscal abyss coupled with severe spending problems and rising debt, and as we see from the numbers today, Americans still need jobs. This is simply unacceptable. If our economy is going to grow the way we need it to, leaders in Washington must enact bold policies and create certainty.”
Manufacturers remain pessimistic, and in a recent poll, 55 percent of manufacturers and small business owners surveyed said they would not start a business today.
While the focus is on politics, these job numbers are a reminder that we need pro-growth policies and action now.