manufacturing - Page 13

Trump: ‘Era of Economic Surrender Is Over’

During Friday’s Weekly Address, President Trump said, “The era of economic surrender is over – and a new national pride is sweeping across our land.” Transcript as Follows:  “My fellow Americans, Here at the White House, we are dedicating the

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Trump’s Resolve Will Be Tested in Wisconsin

Wisconsin is, in many ways, the perfect place for the president to demonstrate his independence from the financiers and long-time GOP stalwarts who appear to have recently gained so much sway over him.

Trump Wisconsin AP

Well-Heeled Flock to Israeli Designer Footwear

Israeli designer Kobi Levi’s psychedelic shoes resemble everything from banana skins to sex acts, flamingos and stretching cats — and they are all the rage among well-heeled stars like Lady Gaga.

ecording artist Lady Gaga performs for students as part of the national It's On Us We

Obama: Manufacturing Jobs Outsourced To Mexico Aren’t Coming Back

During a town hall in Elkhart, Indiana, Barack Obama was asked a question about manufacturing by a man who was once employed by Carrier Corporation in Indiana before the plant moved to Mexico. “What we have to do is to make sure that folks are trained for the jobs that are coming in now because some of those jobs of the past are just not going to come back,” Obama said bluntly during the event broadcast on PBS.

President Barack Obama arrives on Air Force One at Peterson Air Force Base, in Colorado Sp

U.S. Factory Construction Hits Highest Level Since 1958

Investment in new U.S. factory plant and equipment just hit the highest level since 1958. After 100 years of economic dominance due to cheap and abundant oil, U.S. politicians turned against domestic oil production in the 1970s and the Middle East oil production took off. For the next 40 years, the budget deficit and income inequality soared as high-paying manufacturing jobs went offshore. But with fracking re-establishing America as the planet’s largest energy producer, U.S. manufacturing is back.

Factory workers 1956 (Three Lions / Hulton Archive / Getty)

Boeing Auctioning Long Beach Aircraft Factory Equipment

Over the last decade, California has lost half of the 35,000 Boeing employees who were working at very good jobs at very good wages. Despite labor troubles, there was always hope that another military spending cycle would eventually fill Boeing’s cavernous aircraft assembly plant in Long Beach. But the dream is about to expire, as Boeing starts auctioning off all the plant’s equipment.

C-17 (Kevork Djansezian / Getty)

Rick Santorum Launches Populist Presidential Campaign Outside Pittsburgh: ‘I Stand with You, the American Worker’

Former Pennsylvania Sen. Rick Santorum, who finished second place in the 2012 GOP presidential nominating contest, nailed his announcement speech here early on Wednesday evening—hammering ISIS, open borders advocates, the permanent political class in Washington, and the failures of both parties—all while real American workers stood by his side.

Rick Santorum

Oil Crash and Rain Drive Texas Manufacturing Downward

Despite rebounding oil prices, manufacturing in Texas in on a downward slide. A report from the Dallas Fed stated that manufacturing fell further than expected to reach the lowest level since June 2009. The heavy rains and flooding in Texas is also impacting Texas manufacturing.

Texas Fed Graph

‘Reshoring’: Will U.S. Manufacturing Make a Comeback?

Call it “reshoring,” or “insourcing” if you prefer. By any name, a significant movement of manufacturing back to U.S. shores is exactly what our economy needs. Factory movement overseas has opened a hole in the American job market that nothing else can truly fill, a point stressed in blue-collar populist appeals from both political parties.

AP PhotoNam Y. Huh