CIRAS Digest: Friday, May 8, 2015

  • Topping the list: The U.S. economy added 223,000 jobs in April, according to KWWL-TV and some numbers you can find a lot of other places as well.
  • Meanwhile, Bloomberg says China’s Pearl River Delta manufacturing hub is facing labor shortages and higher wages.
  • Much, much closer to home, ICYMI, CIRAS is partnering with Northeast Iowa Community College to share an account manager for that part of the state. We think this will make it easier for businesses to obtain help from both agencies. (Our news release is here.)
  • According to Bloomberg Politics, Nike Inc. this morning announced plans to create as many as 10,000 manufacturing and engineering jobs in the U.S. over the next decade – if Congress approves some new trade legislation. The Portland Business Journal says “most Nike products are made in contract factories in Southeast Asia” right now, although “not many are consumed there.”
  • Fast Company, meanwhile, writes about a new consultant firm’s report that manufacturers will worry little about buying new equipment over the next 10 years and instead spend most of their time installing high-tech sensors and routers as part of “Industry 4.0.” The report, which is also linked to in the story, can be found here.
  • National Journal has a piece that describes regional economic development efforts in Pottawattamie County as “The Economic Plan That Could Help Rural America.” The short version is that farmers are planting with local consumers in mind and governments are working together to keep everyone in the region.

Thanks for reading.

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