Update Aric Newhouse Senior Vice President, Policy and Government - - PowerPoint PPT Presentation
The Manufacturing Agenda: A Policy and Political Update Aric Newhouse Senior Vice President, Policy and Government Relations National Association of Manufacturers Employment Situation Millions Unemployment of Workers Rate 14 11% 13 10%
Senior Vice President, Policy and Government Relations National Association of Manufacturers
4% 5% 6% 7% 8% 9% 10% 11% 6 7 8 9 10 11 12 13 14 2008 2009 2010 2011 2012 2013 2014
Employment Situation
Durable Goods Nondurable Goods Unemployment Rate
Millions
Unemployment Rate
Source: Bureau of Labor Statistics
75 80 85 90 95 100 105 2008 2009 2010 2011 2012 2013 2014
Manufacturing Employment Growth
(December 2007 = 100) Nonfarm Payrolls Manufacturing Durable Goods Nondurable Goods
Source: Bureau of Labor Statistics
197 280 141 203 199 201 149 202 164 237 274 75 113 17 22 3
8 3 18 35 8 21
Jan-13 Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan-14
Monthly Changes in Employment, 2013-2014
(Thousands of Employees) Nonfarm Payrolls Manufacturing
Source: Bureau of Labor Statistics
9.7 9.8 9.8 10.9 11.6 12.0 13.0 14.1 15.6 17.7 17.7 19.2 22.7 24.8 27.0 43.4 50.9 53.0 69.7 102.5 Louisiana California Colorado Utah Florida North Carolina Georgia Oregon Kentucky Iowa Minnesota South Carolina Illinois Washington Tennessee Wisconsin Ohio Indiana Texas Michigan
Top 20 States for Manufacturing Job Creation, December 2009 to December 2013
(in Thousands of Workers)
Source: Bureau of Labor Statistics
1.2 1.8 2.0 3.1 11.0 16.9 18.7 21.4 33.9 47.9 52.0 136.8 189.1 212.1 Petroleum and coal products Chemicals Furniture and related products Nonmetallic mineral products Miscellaneous durable goods manufacturing Wood products Electrical equipment and appliances Miscellaneous nondurable goods manufacturing Food manufacturing Primary metals Plastics and rubber products Machinery Fabricated metal products Transportation equipment
Manufacturing Sectors with the Largest Net Employment Gains YTD, in Thousands of Employees
(December 2009 to January 2014)
Source: Bureau of Labor Statistics
6.7% 20.7% 29.1% 44.9% 51.9% 76.1% 77.2% Challenges with access to capital Weaker global growth and slower export sales Rising energy and raw material costs for our products Attracting and retaining a quality workforce Weaker domestic economy and U.S. product sales Unfavorable business climate (e.g., taxes, regulations, government uncertainties) Rising health care/insurance costs
Primary Current Business Challenges, Fourth Quarter 2013
Source: NAM/Industry Week Survey of Manufacturers Note: Respondents were able to check all that apply. Therefore, responses exceed 100 percent.
14% 16% 18% 20% 22% 24% 26% 28%
60 65 70 75 80 85 90 95 20 00 05 10 13
Federal Government Receipts & Expenditures as a %
Federal Receipts as a % of GDP Federal Expenditures as a % of GDP 22.5% 17.7%
Source: Bureau of Economic Analysis
Source: Environmental Protection Agency (ghgdata.epa.gov) Includes onshore oil and gas production; natural gas processing, transmission, compression and local distribution; other oil and gas systems. Includes production/manufacture of adipic acid, ammonia, HCFCs, hydrogen, nitric acid, petrochemicals, soda ash, phosphoric acid, titanium dioxide, and other chemicals. Includes food processing, ethanol production, underground coal mines, electronics manufacturing. Includes municipal landfills, industrial landfills, wastewater treatment, and solid waste combustion. Includes production/manufacture of aluminum, iron and steel, magnesium and other metals. Includes production/manufacture of cement, glass, lime and other minerals.
(2011 reporting period)
0.075 parts per million (ppm)
Source: Environmental Protection Agency
0.060 parts per million (ppm)
Map courtesy of the American Petroleum Institute