| Productivity dynamics in US manufacturing: An industry-based analysis | EEOC proposal seeks extensive new earnings data | Video: Why is manufacturing's impact often undercounted? | | Created for newsletter@newslettercollector.com | Web Version |
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| MAPI Research and Insight |
Productivity dynamics in US manufacturing: An industry-based analysis
Cliff Waldman, director of economic studies
In this first of three MAPI Foundation studies, Cliff leverages an expanding dataset on industry-level productivity growth to illustrate the sectoral dynamics of the recent productivity evolution. He reveals the results of a statistical analysis that provides evidence of key productivity drivers across diverse manufacturing subsectors. Cliff also considers the interrelationships of productivity determination among industries. He concludes with policy prescriptions for improving a worrisome outlook. Policy Analysis Share:
EEOC proposal seeks extensive new earnings data
Leslie D. Miller, deputy general counsel
The Equal Employment Opportunity Commission is asking for public comments on its plan to require employers with 100+ employees to submit detailed earnings data for use in investigations on pay discrimination. A session at MAPI's April 20 Employment Law Forum will focus on successful tactics for responding to EEOC charges of discrimination and will be led by executives from Textron and Modine. Blog Share:
Video: Why is manufacturing's impact often undercounted?
Daniel J. Meckstroth, Ph.D., vice president and chief economist
In government statistics, industries are defined at the establishment level, not by the industry of the firm. This means that R&D, corporate management, logistics, advertising and branding sites are often counted as services. As revealed in a MAPI Foundation report, the manufactured goods value chain accounts for about one-third of US GDP and employment. YouTube Share:
Time to restore a balanced, rules-based multilateral trading system
Ernest H. Preeg, senior adviser for international trade and finance
Ernie presents the radical geographic restructuring and rapidly growing imbalances for trade in the dominant manufacturing sector and discusses the implications for American jobs. He also analyzes the decline of our multilateral trading system and proposes a US-led restoration of balanced and rules-based trade. Policy Analysis Share:
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MAPI Foundation: Innovation, capital investment key to productivity
Innovation and capital investment are key drivers in multifactor productivity growth across various manufacturing subsectors, according to a MAPI Foundation study that analyzes 25 years of activity. For that reason, MAPI Foundation's Cliff Waldman says, "the recent slowdown in productivity causes concern, because it contributes to both slow output and wage growth." Manufacturing Global (3/11) Share: MAPI Foundation study: Manufacturing underrepresented in official statistics
Research by the MAPI Foundation has determined that manufacturing's effect on the economy is understated by official government metrics. Instead, manufacturing actually accounts for about one-third of gross domestic product, three times the effect that official measures suggest. "Economic statistics say that manufacturing industries are of only minor importance, but our research shows that they lie near the center of a substantial and complex value chain...," Chief Economist Dan Meckstroth said. PlasticsToday.com (3/2), The Journal Times (Racine, Wis.) (3/12) Share: |
| A manufacturing sector that is becoming integrated along a growing number of parameters testifies to the complexity of productivity determination." -- Cliff Waldman, MAPI director of economic studies, from the report Productivity Dynamics in U.S. Manufacturing Share: |
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| The Manufacturers Alliance for Productivity and Innovation, founded in 1933 and located in Arlington, VA, contributes to the competitiveness of U.S. manufacturing by providing economic research, professional development and an independent, expert source of manufacturing information. www.mapi.net |
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