CIRAS DIGEST: Wednesday, June 1, 2015

  • First of all, ICYMI, U.S. News & World Report had a wrap-up of manufacturing industry reports late last week. The story says, in a lot of fairly clear detail, the same thing as the headline: “Signs Pointing Everywhere But Up For Manufacturing.”
  • In that vein, CNBC uses the story of a Virginia shirtmaker to argue that the future of manufacturing lies not in factories but in “workshops” where Americans make luxury goods, such as $400 shirts.
  • Meanwhile, Forbes has an opinion piece that uses Donald Trump’s criticism of Apple to talk about how it’s good thing that the rise of automation means it’s unrealistic to expect major manufacturing jobs to return to the United States.
  • Similarly, the American Enterprise Institute uses shoe companies to illustrate how manufacturing has moved on. Adidas last Tuesday announced plans for new robot-driven factories in Germany and the U.S. in the coming years. “I’m sure a local Speed Factory would create some jobs, including high-skill ones,” the article says. “But that is a far cry from [the employment levels of] 1950s General Motors America.”
  • Elsewhere, Deloitte University Press looks at the reshoring of manufacturing jobs and concludes that “increasing FDI and a few prominent reshoring moves by multinationals provide some indication of a shift in the competitive landscape of US manufacturing. However, more evidence is required before we can conclude that the manufacturing pendulum has swung back toward the United States.”
  • Outside manufacturing, The Washington Post has a story on employee perks. Apparently, small employers in a talent crunch are trying to woo new employees using things such as reimbursable wedding expenses and company-leased Teslas.

Thanks for reading.

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