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JerryBaumchen

The Double-Edged Sword

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Hi folks,

Re:  The largest percentage changes in manufacturing jobs were in Nevada (up 14%), Utah (up 11%), and Arizona and Florida (each up 9%). The largest raw numbers of new manufacturing jobs were in Texas (up 48,200), Florida (up 35,100) and Georgia (up 22,900).

And:  Southern states such as Alabama and Mississippi also have seen more automotive jobs as manufacturers have taken advantage of lower costs and state “right-to-work” laws that weaken unions. 

Manufacturing already has made a comeback • Oregon Capital Chronicle

Some good - some not so good.

Thoughts????????

Jerry Baumchen

 

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On 11/17/2024 at 5:59 AM, JerryBaumchen said:

Hi folks,

Re:  The largest percentage changes in manufacturing jobs were in Nevada (up 14%), Utah (up 11%), and Arizona and Florida (each up 9%). The largest raw numbers of new manufacturing jobs were in Texas (up 48,200), Florida (up 35,100) and Georgia (up 22,900).

And:  Southern states such as Alabama and Mississippi also have seen more automotive jobs as manufacturers have taken advantage of lower costs and state “right-to-work” laws that weaken unions. 

Manufacturing already has made a comeback • Oregon Capital Chronicle

Some good - some not so good.

Thoughts????????

Jerry Baumchen

 

One of the effects of COVID was that many organisations were stung by the supply chain problems and managed risk by on shoring manufacturing. 

Secondly Trumps policy on tax incentives in his first term did encourage some companies to move manufacturing to the US (my previous employer took advantage of this). I’m not sure what the lag is between an incentive and the outcome being realised as factories need to be built and processes implemented. There is a possibility that Trump may be able to take a little credit for this. 

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6 hours ago, nigel99 said:

One of the effects of COVID was that many organisations were stung by the supply chain problems and managed risk by on shoring manufacturing. 

Secondly Trumps policy on tax incentives in his first term did encourage some companies to move manufacturing to the US (my previous employer took advantage of this). I’m not sure what the lag is between an incentive and the outcome being realised as factories need to be built and processes implemented. There is a possibility that Trump may be able to take a little credit for this. 

You know what they say about blind squirrels.

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