Year-Over- Year Growth in Manufacturing Production by Sector- NAM
While manufacturing growth remains essentially level, certain sectors served by the proecision machining industry grew nicely in the year ending in April 2016.
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Precision Machining Industry- A Canadian Impact
Parts made my precision machine contract manufacturers in Ontario play a major role in four of Ontario’s five largest international exports- Motor vehicles and parts (34.7%); Mechanical Equipment (9.2%); Electrical Machinery (4.0%); and Plastic Products (3.5%). (Precision machined components are often molded into many plastic parts and assemblies.) Just 60 shops in the sector contribute over a quarter of a billion dollars in GDP.
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Manufacturing Jobs – What You Need (And Want) To Know
Four of the top five manufacturing sectors by added employment were key markets served by precision machining. If you are looking for well paying interesting career, consider precision machining.
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Industrial Production Index July 2012 Shows Manufacturing in Positive Light
Manufacturing continues to be a strength of the U.S. Economy. Markets served by precision machining companies like electronic parts, motor vehicle parts, aerosapce and miscellaneous transportation equipment, and miscellaaneous manufacturing all were up 1% in July. Manufacturing is up 5% from July 2011 to july 2012.
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Top Ten Employment Gaining Sectors in Manufacturing November 2011
Bottom Line: almost a quarter million net new manufacturing jobs have been added so far in 2011 in manufacturing areas directly related to proecision machining.
Manufacturing, not politicians, is leading this recovery in jobs.
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Rail Shipment Indicator- Manufacturing and the Tangible Economy
The monthly railcarload shipments reported by American Association of Railroads makes a convincing case that the tangible economy of manufacturing is better than both 2008 and 2009.