Monday, October 8, 2012

Is the Presidential Election Driving an Increase in Manufacturing?



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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