Everyone at Chicago Nut & Bolt looked forward to this year’s annual National Manufacturing Day, which was held across the country on October 4th. Manufacturing Day is a celebration of all that is great and transformative about American manufacturing. It is also a day to dissuade people of the notion that the importance of “Made in the USA” is outdated. Leaders from a wide variety of industries sponsored events throughout the nation. Big names like Shell, Kelly Services, and IHS GlobalSpec joined with thousands of smaller manufacturers like Chicago Nut & Bolt to highlight what is making manufacturing in the U.S. strong again.
Overall, we have seen increased activity when it comes to manufacturing recently. Due to this manufacturing comeback, we are excited to see what lies in the future of manufacturing. Here’s a quick rundown of some of the most recent numbers:
- In 2012, manufactures contributed $1.87 trillion to the economy, according to this report.
- August’s Manufacturing ISM Report on Business shows that manufacturing expanded for the third consecutive month, hitting its highest level of the year and its strongest since June 2011. In addition, the overall economy grew for the 51st consecutive month.
- U.S. manufactures have added 520,000 jobs since January of 2010, as seen in this article.
In keeping with the concept of a renaissance in manufacturing, MFG Day’s goal was to focus on the role of youth and technology. There is little question that if we have any hope to continue growing the sector, we must get more young people, with the proper technical skills interested in manufacturing. That’s why it is necessary for all companies in the industry to showcase the importance of manufacturing and educate others on the skills and opportunities within the manufacturing sector. For us here at Chicago Nut & Bolt, every day is a celebration of manufacturing; we hope you join us!