White House takes initiative with manufacturing
Another shot in the arm for U.S. manufacturers? It's possible that the latest industry news out of Washington could be a sign that, if nothing else, the issue of manufacturing strength is one that carries with it some great political weight and should not be ignored.
President Obama himself has launched some initiatives in this area that may be seen to spur growth. Among them is a series of more than 40 nationwide grants to be used in the developing of different manufacturing processes. That would be news enough in its own right, but the same release from the White House that announced this also mentioned the formation of the second incarnation of the Advanced Manufacturing Partnership Steering Committee, which will be in charge of these developments.
It's a sign that the government is seriously considering the breaks it gives this branch of modern business, and it's not the only one. That release also contains a link to a speech made by Gene Sperling, Director of the National Economic Council, which features some straight facts about the industry and the role it plays in the national economy.
"Manufacturing creates well-paying middle class jobs – education, experience, and all else being equal, manufacturing employees earn 14 percent higher total compensation, including benefits, than their non-manufacturing peers," that paper reads. "And as firms are looking to hire new workers, new hires in manufacturing in 2011 made 38 percent more than in other industries."
Working off of these resources and information, the concerned entrepreneur or other manufacturing professional can select software business solutions that they can use to better manage the assets they may see grow after the conditions described in this report take effect.