Is the Presidential Election driving an increase in
Manufacturing? With less than a month
remaining on the campaign trail, manufacturing across various industries are
showing significant increases from this time last year. Over the past 2 months manufacturing has
continued to strengthen, and has many businesses booked into the middle of next
year. With manufacturing having been so
slow for so long and then the rapid spike of production, many manufacturing
facilities are playing catch up hiring additional employees in order to fill
orders being placed. In addition to
hiring additional employees, getting them trained, filling orders, and taking
additional product orders many have asked what caused this sudden increase in
production?
Although there is still turbulence abroad, with the 4th
quarter of 2012 well under way, one could speculate that an increase in
consumer confidence is driving the increase, or that the presidential election is
playing a role in driving the increase for manufacturing. Since fuel prices still remain high, yet consumers
continue to spend disposable income freely, it is difficult to determine what
has actually occurred in order to cause this spike.
Since oil prices are still high we can rule that out, and
since people’s wages have remained relatively constant or slightly down, we can
rule out that everyone has more money.
Is the spike caused by the slow trickle of the federal stimulus? ...I
doubt it. While I can’t pinpoint the
exact cause for the increase in manufacturing, I can only presume that with the
national election near, that it is causing this manufacturing boom. Staying away from the party line debates, I
am thankful for the manufacturing increase no matter what the cause. Since manufacturing is a staple of our
economy, it is great to have the increase, but hope it isn’t temporary.
Manufacturing facilities nationwide have been experiencing
this boom and say, it will help close the year out and start off 2013 in the
right direction. No matter what the
cause, lets all remember to help support U.S.
business by buying Made in the U.S.A.
goods whenever possible. We also must
push for bringing more manufacturing jobs back from overseas. We have a very competent workforce within the
United States that are capable of producing high quality goods at an affordable
price, but we must have the facilities over here in order for that to
happen. Let’s join together and continue
this push of supporting our fellow American, and insure this increase in
manufacturing that we are currently experiencing is not short lived.
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