http://www.nytimes.com/aponline/2016/09/15/us/politics/ap-us-industrial-production.html HYPERLINK has full story snip U.S. factory production fell last month amid cutbacks in appliances, home electronics and machinery, threatening hopes for a manufacturing rebound after two previous months of gains............................... Manufacturers have struggled for the past 18 months with sluggish global growth, ......................... The slowdown has also cost about 30,000 factory workers their jobs in the past year................................. A second report Thursday suggested the weakness may continue in September. The Federal Reserve Bank of New York said that manufacturing in the state shrank for a second straight month as new orders and shipments fell sharply......................... end snip I'm not feeling this recovery. It seems that despite almost 0% interest rates, things just are not improving. If this is where we are after 7-1/2 years of a Democrat, how can anyone justify continuing the same way? It makes no sense at all unless you're tied to a govt hack job. We continue to see closures and layoffs, manufacturing contracting and the growth sector of jobs is in food service. Is this really what we the people want?
Gov't. workers outnumber manufacturing workers by 9+ million... Government Workers Now Outnumber Manufacturing Workers by 9,977,000 November 7, 2016 | The United States lost 9,000 manufacturing jobs in October while gaining 19,000 jobs in government, according to data released by the Bureau of Labor Statistics.
I believe reshoring is not that much bad for Multinational companies. reshoring has immense possibilities for job seekers and will definitely improve the cash flow in the North American economy. See the benefits of Reshoring http://www.bayviewmetals.com/blog/reshoring/seven-benefits-of-reshoring/ Going with Reshoring formula help us to overtake China and thereby kicking out North Korea.
Where exactly are these factories ? All I can see are empty buildings. But then again, I'm in California.
Then Google "California factory closures" http://www.journalnow.com/business/business_news/local/ashley-confirms-plant-closing-in-california-jobs-to-be-eliminated/article_78df8ae6-c402-5e2d-a392-9b1554bc7565.html http://www.latimes.com/business/la-fi-boeing-plant-20150613-story.html http://www.cnbc.com/2015/11/04/kraft-heinz-closing-7-factories-cutting-2600-jobs.html
Don't need to do any googling, you did it for me by providing the links. Thank you. Last night at the Orange County GOP chin dig in Newport Beach the Republicans were parting big time with the Trump win. But for the first time in the OC's history in 80 years the OC went blue. That's because the changing demographics of the OC, mostly because of illegal immigration and anchor babies. Also hundreds of thousands of white liberals from L.A. County fled L.A. County seeking refuge from all of the crime and taco trucks but they brought their leftist politics with them to the OC. The California state wide elections weren't to good for the GOP but they were celebrating big time last night. Why ??? Because they are hoping that President Trump will be eliminating some of Obama's 20,642 executive regulations that Obama put on American businesses and manufacturing that caused California businesses and manufacturing to leave the state. All of the California loony liberal regulations on businesses is another issue. The reason why there has been no full recovery of the economy 7 years and 6 months after the recession and why the Obama's phony economy is moving at a snails pace is because of Obama interfering with the economy with over 20,642 regulations that Obama forced upon businesses. 20,642 New Regulations Added in the Obama Presidency -> http://dailysignal.com/2016/05/23/20642-new-regulations-added-in-the-obama-presidency/ How Obama Is Keeping Small Businesses Down -> http://www.usnews.com/opinion/econo...s-small-businesses-with-excessive-regulations Red Tape Rising 2016: Obama Regs Top $100 Billion Annually -> http://www.heritage.org/research/re...sing-2016-obama-regs-top-100-billion-annually
