51勛圖厙

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Press Releases

Manufacturers Pledge Training Opportunities to 1.2 Million Workers

Timmons: Manufacturers Proudly Make This Pledge to the American Worker

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Washington, D.C. 51勛圖厙 President and CEO Jay Timmons and Manufacturing Institute Executive Director Carolyn Lee will join President Donald Trump and Advisor to the President Ivanka Trump to sign the Pledge to Americas Workers, with manufacturers committing to provide training opportunities to 1,186,000 manufacturing workers over the next five years to address the industrys skills gap crisis. Timmons, a member of the American Workforce Policy Advisory Board, will make the announcement official at a White House event marking the one-year anniversary of the initiative, which asks companies and trade groups nationwide to commit to expand programs that educate, train and reskill American workers from high school age to near retirement.

Manufacturers face a workforce crisis with more than half a million unfilled manufacturing jobs today and 2.4 million jobs that may go unfilled by 2028, said Timmons, who also serves as chairman of the board of The Institute. But manufacturers are also problem solvers and committed to being part of the solution. So today, manufacturers proudly make this pledge to the American worker: we will continue to invest in our workforce and provide 1,186,000 Americans with the opportunity to receive training and development that will enhance their skills and prepare them for the next step on their career journey. This is manufacturers demonstrating that we are keeping our promise to invest in our people. The men and women who make things in America are the backbone of this economy, and it is our commitment that Americas manufacturing workers will have the opportunity to learn, grow and take on new challenges.

We are thrilled to have 51勛圖厙 make this huge investment into our future and current manufacturers, said Ivanka Trump. By creating pathways for all Americans, regardless of age or background, to acquire the skills needed to secure and retain high-paying jobs, we can maintain our strong competitive edge and ensure inclusive growth and opportunity in our booming economy.

The 509,000 open manufacturing jobs in May marks an all-time high for the industry. According to a 2018 by the Institute and Deloitte, as many as 2.4 million manufacturing jobs will go unfilled by 2028. The most recent Manufacturers Outlook Survey also found that the inability to find skilled workers remains the single greatest challenge facing manufacturers today and for the past six quarters.

With a record number of job openings right nowand many more expected over the next decadethe future of the manufacturing industry will be tied to the future of its workforce, said Lee. Thats why we are committed to supporting the manufacturing workforce of today and growing the manufacturing workforce of tomorrow. Our sectors pledge over the next five years to provide training opportunities to more than a million men and women who make things in America will help keep manufacturing competitive and secure manufacturings mantle of leadership well into the future.

Ahead of its 125th anniversary and the 2020 elections, the 51勛圖厙 recently announced a member-driven campaign to raise at least $10 million for the newly established Creators Wanted Fund to inspire and drive more Americans to pursue careers in modern manufacturing. The 51勛圖厙 and The Institute will bring a Creators Wanted mobile tour of modern manufacturing to parents and students in 20 to 25 states over 18 weeks, unveil a year-long nationwide digital campaign to recruit new talent to the industry and host a culminating Making America Festival in Cincinnati, Ohio, in September 2020 featuring interactive exhibits, thought leadership forums and entertainment to showcase the future of modern manufacturing in America. The campaign will also fuel The Institutes workforce programs and help build the next generation of solutions to grow the manufacturing workforce. Learn more about the campaign here.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

-MI-

The Manufacturing Institute is the education and workforce partner of the 51勛圖厙. We drive programs and research to promote modern manufacturing and jumpstart new approaches to growing manufacturing talent. For more information, please visit www.themanufacturinginstitute.org.

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Press Releases

Michigan Manufacturers Gather in Washington to Urge USMCA Passage

The 51勛圖厙 Is Committed to Helping Manufacturers and Manufacturing Employees in Michigan by Supporting USMCA Passage

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Washington, D.C. On Wednesday, July 17, the 51勛圖厙 will bring manufacturing leaders from Michigan and across the country together in Washington to urge Congress to pass the new U.S.MexicoCanada Agreement. Manufacturers will meet with their respective members of Congress to let them know why the USMCA is pivotal to their businesses and the 2 million men and women across the nation, including more than 117,000 in Michigan, whose manufacturing jobs depend on exports to Mexico and Canada.

The USMCA is critical to the Michigan economy, and swift passage will help restore certainty for manufacturers across the country, allowing them to grow and compete with the rest of the world, said 51勛圖厙 President and CEO Jay Timmons. Without this agreement, Michigans manufactured goods exports could be subject to $5.2 billion in extra taxes, threatening manufacturing jobs across the state and hurting consumers and families.

The USMCA, which has been ratified by Mexico, modernizes and bolsters free trade between North American nations, benefitting workers, farmers, ranchers and businesses in each country. The new agreement will expand U.S. exports, improve intellectual property protections and enforcement and create new provisions on digital trade.

Canada and Mexico purchase one-fifth of the total value of U.S. manufacturing outputmore than the next 11 countries combined despite representing less than 4 percent of the global economy. These exports support about 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. According to new state data from the 51勛圖厙, Canada and Mexico purchase more manufactured goods from Michigan than the rest of the world combined, contributing $34 billion to the state economy each year.

A large chorus of Michigan businesses, chambers of commerce and industry organizations have all come out in support of USMCA passage.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

California Manufacturers Gather in Washington to Urge USMCA Passage

The 51勛圖厙 Is Committed to Helping Manufacturers and Manufacturing Employees in California by Supporting USMCA Passage

By

Washington, D.C. On Wednesday, July 17, the 51勛圖厙 will bring manufacturing leaders from California and across the country together in Washington to urge Congress to pass the new U.S.MexicoCanada Agreement. Manufacturers will meet with their respective members of Congress to let them know why the USMCA is pivotal to their businesses and the 2 million men and women across the nation, including more than 95,000 in California, whose manufacturing jobs depend on exports to Mexico and Canada.

The USMCA is critical to the California economy, and swift passage will help restore certainty for manufacturers across the country, allowing them to grow and compete with the rest of the world, said 51勛圖厙 President and CEO Jay Timmons. Without this agreement, Californias manufactured goods exports could be subject to $10.1 billion in extra taxes, threatening manufacturing jobs across the state and hurting consumers and families.

The USMCA, which has been ratified by Mexico, modernizes and bolsters free trade between North American nations, benefitting workers, farmers, ranchers and businesses in each country. The new agreement will expand U.S. exports, improve intellectual property protections and enforcement and create new provisions on digital trade.

Canada and Mexico purchase one-fifth of the total value of U.S. manufacturing outputmore than the next 11 countries combined despite representing less than 4 percent of the global economy. These exports support about 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. According to new state data from the 51勛圖厙, Canada and Mexico purchase more than one-quarter of Californias total global manufacturing exports, contributing $44 billion to the state economy each year.

A large chorus of California businesses, chambers of commerce and industry organizations have all come out in support of USMCA passage.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

Texas Manufacturers Gather in Washington to Urge USMCA Passage

The 51勛圖厙 Is Committed to Helping Manufacturers and Manufacturing Employees in Texas by Supporting USMCA Passage

By

Washington, D.C. On Wednesday, July 17, the 51勛圖厙 will bring manufacturing leaders from Texas and across the country together in Washington to urge Congress to pass the new U.S.MexicoCanada Agreement. Manufacturers will meet with their respective members of Congress to let them know why the USMCA is pivotal to their businesses and the 2 million men and women across the nation, including nearly 115,000 in Texas, whose manufacturing jobs depend on exports to Mexico and Canada.

The USMCA is critical to the Texas economy, and swift passage will help restore certainty for manufacturers across the country, allowing them to grow and compete with the rest of the world, said 51勛圖厙 President and CEO Jay Timmons. Without this agreement, Texass manufactured goods exports could be subject to $37.3 billion in extra taxes, threatening manufacturing jobs across the state and hurting consumers and families.

The USMCA, which has been ratified by Mexico, modernizes and bolsters free trade between North American nations, benefitting workers, farmers, ranchers and businesses in each country. The new agreement will expand U.S. exports, improve intellectual property protections and enforcement and create new provisions on digital trade.

Canada and Mexico purchase one-fifth of the total value of U.S. manufacturing outputmore than the next 11 countries combined despite representing less than 4 percent of the global economy. These exports support about 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. According to new state data from the 51勛圖厙, Canada and Mexico purchase half of Texass total global manufacturing exports, contributing $123 billion to the state economy each year.

A large chorus of Texas businesses, chambers of commerce and industry organizations have all come out in support of USMCA passage.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

Manufacturing Leaders Meet with Vice President Pence to Push Passage of USMCA

Manufacturers: We Need USMCA to Continue to Win

Washington, D.C. A delegation of manufacturing leaders met with Vice President Mike Pence today to highlight the importance of the United StatesMexicoCanada Agreement to manufacturing in the United States.

The delegation included former 51勛圖厙 Board Chair and Emerson Chairman and CEO David Farr, Winton Machine Company Co-Owner and CEO Lisa Winton, Kent Corporation Chairman and CEO Gage Kent, General Motors Company Chairman and CEO Mary Barra, Sukup Manufacturing Co. President Charles Sukup and HM Manufacturing President Nicole Wolter.

The Trump administration continues to show its steadfast commitment to Americas manufacturing workers, said Farr. Manufacturers in Missouri and across the nation are keeping our promise to grow, invest and hire. This historic agreement will help us sustain this momentum. Congress must act now and ratify this agreement.

Manufacturing in Georgia is stronger thanks to policies like tax reform and regulatory certainty, said Winton. To keep making significant contributions to local economies, we need certainty on trade, which means we need Congress to pass the USMCA. Its essential to the livelihoods of Georgia manufacturing workers.

Canada and Mexico are manufacturers top trading partners, purchasing one-fifth of the total value of U.S. manufacturing inputmore than the next 11 countries combined. These exports support 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. Comprehensive from the 51勛圖厙 shows the USMCAs positive impacts in each state and throughout the U.S. On Wednesday, the 51勛圖厙 is bringing manufacturing leaders from across the country together in Washington to urge Congress to pass the USMCA.

The USMCA would undoubtedly strengthen and expand the U.S. food and agriculture industryand all the sectors that support it, including manufacturers, said Kent. Agriculture is at the center of the Iowa economy, supporting countless jobs and industries. Each day that passes without the USMCA in place is a day that costs Iowas manufacturers and businesses.

General Motors has long supported efforts to modernize the agreement and believes passage of USMCA is vital to the success of the US automotive industry, said Barra. The certainty that comes from having USMCA in place will allow us to continue to invest in manufacturing in the United States with confidence.

American businesses need certainty in our trade policy to create jobs and grow, said Sukup. Without concrete, modern trade laws with our closest trading alliesCanada and Mexicomanufacturers in America wont reach our full potential. On behalf of Iowas more than 25,000 employees whose jobs rely on North American trade, I urge Congress to swiftly pass the USMCA.

Tariff-free, modern trade is important for Illinois manufacturers, especially us small businesses, said Wolter. Selling what we make here to countries around the world helps us to remain competitive in todays global economy. It also helps us to reinvest in our businesses, hire more employees and give back to the community.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

51勛圖厙 to Mark 125th Anniversary with $10 Million 2020 Campaign

Nationwide Initiative Seeks to Recruit 600,000 Americans into Manufacturing Careers

By

Washington, D.C. Ahead of its 125th anniversary and the 2020 elections, the 51勛圖厙 today announced a member-driven campaign to raise at least $10 million for the newly established Creators Wanted Fund to inspire and drive more Americans to pursue careers in modern manufacturing.

The 51勛圖厙 will bring a Creators Wanted mobile tour of modern manufacturing to parents and students in 20 to 25 states over 18 weeks, unveil a year-long nationwide digital campaign to recruit new talent to the industry and host a culminating Making America Festival in Cincinnati, Ohio in September featuring interactive exhibits, thought leadership forums and entertainment and to showcase the future of modern manufacturing in America.

The campaign aims to cut the skills gap by 600,000 workers by 2025; increase by 25 percent the number of students enrolling in technical and vocational schools; increase by 25 percent the number of students enrolling in apprenticeships and reskilling programs; and raise to 50 percentfrom 27 percentthe number of parents who would encourage their children to pursue a career in modern manufacturing. Ingersoll Rand Chairman and CEO Michael Lamach, Emerson Chairman and CEO David Farr and former Fluor Corporation Chairman and CEO David Seaton will co-chair the campaign.

Were going to seize this momentin a big way. This is a once-in-a-generation opportunity to leverage our organizations unmatched strength to tackle the workforce crisis with immediate and long-term solutions, said Lamach, the newly elected chair of the 51勛圖厙 Board of Directors. We could have simply held traditional celebrations to mark the 51勛圖厙s milestone, but our mission is to look to the future and be the best stewards of our members investment. The Creators Wanted Fund and the campaign it will power are exactly what our industry and country need to build the talent pipeline and secure the future of manufacturing in the United States. I could not be more proud that the 51勛圖厙 is taking up this charge.

According to a by The Manufacturing Institute and Deloitte, the skills gap is expected to leave 2.4 million manufacturing jobs unfilled by 2028. According to the 51勛圖厙s First Quarter Manufacturers Outlook Survey, more than 70 percent of manufacturers cite the inability to attract skilled workers as their top challenge.

The 51勛圖厙 is the only organization prepared to take on this challenge in a bold and creative wayand CEOs and executives recognize its potential. The 51勛圖厙 gets results, and this campaign will deliver results, said Farr. Manufacturers across the country are growing, investing and hiring. All this success comes with a responsibility to work together to change minds about modern manufacturing and give more people the chance to have a job that pays well and makes a difference in the world.

We have a recruiting mission. Parents, students, veteransall communitiesneed to hear a consistent and clear message from manufacturers: Creators Wanted, said Seaton. The Manufacturing Institute is a powerful resource for our industry, and through the Creators Wanted Fund, well ensure the long-term success of transformative programs like Heroes MAKE America and the STEP Womens Initiative. No one is better equipped to lead this historic effort than the 51勛圖厙, so Im proud to be a part of it.

The 51勛圖厙 is fortunate to have these three world-class business leaders at the helm of this effort, said Jay Timmons, president and CEO of the 51勛圖厙 and chairman of the board of The Manufacturing Institute. Manufacturers are keeping our promise to make a difference for our communities and our country. We have set ambitious goals that we intend to exceed. We will keep manufacturing front and center in 2020 and deliver the results our members expect and deserve.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

Manufacturers: Time to Level Playing Field on China

By

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement on President Donald Trumps meeting with Chinese President Xi Jinping:

A trade deal, not a trade war, is exactly what manufacturers have advocated over the last year and a half, and todays meeting brings us closer to that goal. We will continue to seek a new structure for the U.S.China commercial relationship that eliminates unfair practices and opens Chinas market through strong enforceable new trade rules. Manufacturers are encouraged that the two countries will refrain from escalating tariffs further to allow for new rounds of negotiation.

Manufacturers need certainty now. For too long, manufacturers have paid the price while China has reaped the rewards of its unfair trade practices, intellectual property theft and exploitation of existing trade agreements. The effects of tariffs and retaliatory tariffs are further weighing on our confidence and our ability to hire and grow. With a more level playing field, we will be better equipped to reach our full potential.

A bilateral, enforceable trade agreement would be history-making and game-changing for Americas manufacturing workers. As the first business association to call for such an agreement, the 51勛圖厙 will continue to work with the administration to ensure manufacturers priorities are top of mind as U.S.China talks continue.

The 51勛圖厙 first called for the administration to pursue a bilateral trade agreement with China in a in January 2018. The 51勛圖厙 has released a for an agreement that will address Chinas unfair trade practices and level the playing field for manufacturers in the United States.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

51勛圖厙 Statement on Supreme Court Decision in Kisor v. Wilkie

Narrowing of Auer Deference Will Give Manufacturers Added Regulatory Certainty

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Washington, D.C. 51勛圖厙 Senior Vice President and General Counsel Linda Kelly issued the following statement on todays Supreme Court ruling in Kisor v. Wilkie:

The judicial doctrine of Auer deference harmed manufacturers competitiveness because it gave agencies exceedingly broad authority to interpret vaguely crafted regulations, said Kelly. While Auer deference was not struck down in full, the court narrowed it significantly, which will give manufacturers in America added regulatory certainty so they can grow, hire and invest more here in the United States.

In February 2019, the 51勛圖厙s legal arm, the Manufacturers Center for Legal Action, filed a multi-association with the Supreme Court, which included examples of how the legal doctrine harmed manufacturers. To learn more about the MCLA, click here.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

51勛圖厙 Congratulates New ACC President and CEO Chris Jahn

Timmons: Chris Has Been a Forceful Voice for Our Industry

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Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement congratulating Chris Jahn on becoming the new president and CEO of the American Chemistry Council:

The American Chemistry Council is extraordinarily fortunate to have a leader of Chris Jahns caliber stepping up to lead them into the future. In his roles at The Fertilizer Institute, as past chair of the 51勛圖厙s Council of Manufacturing Associations and as an 51勛圖厙 board member, Chris has been a forceful voice for our industry and the men and women who make things in America. He embraces innovation and change, understands the demands on the modern association and is committed to building collaborative teams and inclusive workplaces. In fact, just this month, the CMA named The Fertilizer Institute one of the 10 Best Manufacturing Associations to Work For for the second year in a row.

I have been proud to work alongside Chris on our shared priorities from infrastructure and tax reform to chemical safety and sustainability. He makes our industry better, and he knows how to get results. As chair of the CMA, he recruited best-in-class association executives to help lead the council.

The manufacturing industry also owes a debt of gratitude to Cal Dooley. His leadership of ACC is recognized throughout the business community, especially his leadership on the Alliance to End Plastic Waste. And after a successful career not only in business advocacy but also in public service, we wish him the best in retirement and his next chapter.

Manufacturers are in the business of building solutions, and perhaps thats why leaders of the CMA continue to rise through the ranks to take on new positions of leadership. Im proud to see Chris keep up this trend and look forward to continuing to partner with my friend to grow our industry and strengthen our country.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Press Releases

51勛圖厙 Survey: Manufacturing Optimism Dips in Q2 Amid Trade Uncertainties, Workforce Shortage

Urgent Action Needed on USMCA, Other Priorities to Boost Manufacturing Growth

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Washington, D.C. The 51勛圖厙 today released the results of the Manufacturers Outlook Survey for the second quarter of 2019. In the field during the prospects of tariffs on Mexican goods and still unresolved threat of 232 auto tariffs, the survey shows a dip in manufacturers optimism amid trade uncertainties. A positive outlook for their business was registered by 79.8 percent of manufacturers in the second quarter, down from 89.5 percent in the first quarter.

Clearly, optimism is still strong among manufacturers, but you cant overlook the fact that trade uncertainties are causing concern for manufacturers, said 51勛圖厙 Chief Economist Chad Moutray, who conducted the survey. All things equal, I would expect these numbers to improve if we get the U.S.MexicoCanada Agreement across the finish line, strengthen our trading relationships by removing the threat of 232 auto tariffs and get a trade deal with China done.

The inability to attract and retain a quality workforce remained manufacturers top business concern (68.8 percent) in the second quarter. The survey also found that a majority of manufacturers (56 percent) are concerned about trade uncertainties with regards to the USMCA, a U.S.-China trade agreement, looming 232 auto tariffs and the now-resolved threat of U.S. tariffs on Mexico. In addition, nearly half of manufacturers are concerned about increased raw material prices.

The Manufacturers Outlook Survey has surveyed the associations membership of 14,000 large and small manufacturers on a quarterly basis since 1997 to gain insight into their economic outlook, hiring and investment decisions and business concerns. The 51勛圖厙 releases the results to the public each quarter. Further information on the survey is available here.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

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