January 17, 2014: Obama pushes forward on #mfg institutes. So let's keep pushing!

Posted by mmcmullan on 01/17/2014

Hello,

Happy Friday! American manufacturing has had a busy week. So lets not waste time, we’ve got places to go …

President Obama is making good on his groundwork plans for a network of manufacturing institutes. Following on the heels of a pilot program focusing on 3-D printing in Youngstown, Ohio, a public-private consortium to develop semiconductor technology has been awarded to Raleigh, North Carolina. The president announced the institute on Wednesday at North Carolina State University.

Mark Landler for the New York Times explained further:

This is the first of three such institutes the White House plans to announce in the coming weeks. It will be financed by a five-year, $70 million grant from the Department of Energy, which will be matched by funding from the consortium members, including the equipment maker John Deere and Delphi, an auto-parts maker.

AAM is psyched to see this come to fruition -- but as a manufacturing strategy, it’s not enough. We think there’s plenty more the administration could do to get the sector moving at a better clip. We need an industrial policy. Check out our plan here.

It’s been a dozen years since China entered the World Trade Organization. How has the American economy fared?

Depends on who you ask. America certainly lost a significant chunk of its manufacturing base to that country in roughly the same time. This Wednesday, a joint congressional/administration commission examined China’s record of adherence to its WTO obligations, and found it a little bit quite lacking. Admittedly, this isn’t the kind of hearing that sets reporter hearts a-flutter … but we kept an eye on it via Twitter, wrote up a what-you-need-to-know preview, and you can read a little more about it here.

ICYMI this week:

  • Keeping China at arm’s length while focusing on the Trans-Pacific Partnership (TPP) may actually benefit the world’s second largest economy instead of hurting it, suggests TIME’s Jay Newton-Small. China, you’ll recall, isn’t involved in the TPP negotiations.
  • House Democrats aren’t on board with the White House trade agenda, reports Politico’s Eric Bradner. Why? They want to see strong provisions inserted into the TPP that would safeguard American jobs, specifically one on currency manipulation.
  • Manufacturing job growth is not on pace to meet the president's campaign promise of 1 million new manufacturing jobs by the end of his second term, writes Joseph Pete of the Northwest Indiana Times. In an area as reliant on industry as northwest Indiana, that’s a big deal.

And behold, a few solid reads for your weekend.

And that's a wrap. Have a nice weekend, everyone. We’ll be out of the office on Monday, observing MLK Day. Take a moment, if you’ve got one today, to appreciate his most iconic speech. Decades later, it remains stirring stuff.

We’ll catch you bright and early Tuesday.

-AAM

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@KeepitMadeinUSA on Twitter

  • RT @ebrotherton: Manufacturing sector added 28,000 jobs in July. Best showing since November 2013. But more work to do: http://t.co/GAP8HEE… 23 min 55 sec ago
  • Manufacturing punched above its weight in July. Rebound in the sector possible. But we still have a long way to go: http://t.co/W2RQm9xwMH 39 min 23 sec ago
  • RT @tlanddc: Adding +28,000k manufacturing jobs, closest @BarackObama has come to keep on track with his goal of 1M by end of second term #… 54 min 49 sec ago
  • #AAMeter RT @ScottPaulAAM The auto sector accounted for over half of #manufacturing job growth in July: 14.6k of 28k total jobs added. 55 min ago
  • 28K new manufacturing jobs in July the 2nd time in Obama's 2nd term job numbers on target to hit Obama's 1 million new jobs goal. #AAMeter 1 hour 13 min ago
  • RT @ScottPaulAAM: Good backward revisions to #manufacturing. 15k in May, 23k in June. Overall, we're at 12.16 million #mfg jobs. (pre-reces… 1 hour 17 min ago
  • The 28,000 new manufacturing jobs in June is the best number since November 2013. #AAMeter 1 hour 21 min ago
  • WOW: 28,000 new manufacturing jobs were created in July. Obama needs 28,133 jobs per month to hit his 1 million jobs goal. #AAMeter 1 hour 23 min ago
  • ICYMI: Senate passed House version of Highway Trust Fund patch last nite. Funded thru May. Now we need a long-term plan for infrastructure. 2 hours 50 min ago
  • RT @MarkRuffalo: Tesla and Panasonic Agree to Build Factory in U.S. http://t.co/xyLIV7IFyj Renewable energy brings manufacturing back to USA 2 hours 58 min ago