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Unformatted text preview: country’s manufacturing activity. Still, China
is expected to remain competitive in manufacturing industries. Indeed, the Deloitte Manufacturing
Competitiveness Index ranks the United States
fourth in manufacturing competitiveness in 2010,
behind China, India, and South Korea.
34 Strength in the national Manufacturing Sector
in 2011 has been echoed on a regional level. In
September, the monthly manufacturing survey
conducted by the Federal Reserve Bank of Kansas
City reported a continued increase in manufacturing activity. Despite a moderate decline in production expectations, producers anticipated increased
activity over the next six months, mainly in durable goods industries, led by aircraft and computer
equipment. On the other hand, nondurable goods
producers reported continued slowing.
Mirroring national and regional activity, the
Manufacturing Sector is expanding in Colorado,
with 2011 marking the first year that the Manufacturing Sector has expanded in the state since
2000. Sector employment in Colorado is on track
to grow 2.2% for the year, adding about 2,800
manufacturing jobs. Nationally, the Manufacturing
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery