Posted Oct 8 2014 8:30 PM by
According to a recent Wall Street Journal MarketWatch article, the number of jobs being filled in the U.S. each month is lagging behind an increase in job openings for the first time in more than a decade. Randall Stephenson, CEO of AT&T, says, “The main issue that businesses face today is a skillset mismatch.” The jobs that seem to be most lacking in qualified workers are those requiring technical skills in the math and science fields.
Posted Sep 26 2014 7:34 PM by
The popularity of "office" jobs within the manufacturing sector is growing. A survey released by the Graduate Management Admission Council (GMAC) indicated MBA graduates who seek positions in the manufacturing and healthcare industries were more likely to receive early job offers than those applying in other industries.
Posted Sep 23 2014 6:22 PM by
The McKinsey Global Institute (MGI) recently identified 3-D printers as a future disruptive technology that will “transform life, business, and the global economy.” MGI estimates that the direct economic impact of 3-D printing per year by 2025 will range from $230 billion to $550 billion, with $100-200 billion attributed to direct product manufacturing and $30-50 billion from tool and mold manufacturing.
Posted Sep 17 2014 7:09 PM by
Manufacturers are concerned with theft of their products and small tools, but they aren’t typically concerned about theft of their intellectual property. Should they be?
Posted Sep 10 2014 7:02 PM by
The future for manufacturing in Indiana looks bright. Per the Northwest Indiana Times, the Bureau of Labor Statistics reports a 2.8 percent employment gain over 2013 as Indiana gained 13,700 factory jobs over the past 12 months, edging out second-place Texas by 700 jobs. Despite the recent growth, however, Indiana has still not returned to its pre-recession levels: With approximately 502,800 manufacturing jobs, we are still short by 10,000 jobs as the pre-recession high was 513,200.
Posted Sep 5 2014 5:05 PM by
Sometimes it’s helpful to take a step back and look at the big picture. We’ve come a long way since the recession hit the United States in late 2007. And let’s not forget that we were far from the only country affected. The New York Times provides a good snapshot of how the global manufacturing landscape looks today as compared to pre-recession levels in “Global Industrial Production Shakes Off 2007 Doldrums.”
Posted Sep 2 2014 8:37 PM by
In the first of what will be 14 different studies on the economic environment of Indiana, the Center for Business and Economic Research (CBER) this summer analyzed active Indiana industries’ historical growth and future potential with the goal of determining a strategy for long term economic growth in Indiana.
Posted Aug 13 2014 7:06 PM by
The 2014 Manufacturing and Logistics National Report recently issued by Conexus Indiana and Ball State University's Center for Business and Economic Research (CBER) leaves no doubt that Indiana has moved well beyond the Great Recession. Manufacturing and logistics are thriving in Indiana. The Report Card complements Katz, Sapper & Miller's annual Indiana Manufacturing Survey.
Posted Aug 11 2014 7:49 PM by
U.S. EPA Administrator Gina McCarthy recently introduced a sweeping initiative to curb national power plant emissions by nearly a third by 2030. The announcement is meant to be the centerpiece of President Obama’s plans to tackle climate change, and it is characterized as “ambitious but achievable.” However, passionate debate has erupted in response to the 645-page proposal, which is set to be finalized next year.
Posted Jul 18 2014 1:45 PM by
Hoosiers can’t seem to get enough craft beer these days. With popularity increasing, breweries are popping up all over the state and are topping the tech and manufacturing markets in terms of growing capital. With craft beer sales growing 20% in 2013 ($14.3 billion), breweries and distilleries have drawn considerable attention across the nation.