Tag Archives: economic data

Global Manufacturing Data 2007

The updated data from the United Nations on manufacturing output by country clearly shows the USA remains by far the largest manufacturer in the world. UN Data, in billions of current US dollars: Country 1990 1995 2000 2005 2006 2007 … Continue reading

Posted in Data, Economics, India, Manufacturing, quote | Tagged , , , , , , , , , , | 1 Comment

USA Spent $2.1 Trillion on Health Care in 2006

The percent of GDP spent on health care in the USA increased again in 2006 – to 16%. Health care spending reached a total of $2.1 trillion, or $7,026 per person in 2006, up from $6,649 per person in 2005. … Continue reading

Posted in Deming, Economics, Health care | Tagged , | 5 Comments

Top 10 Manufacturing Countries

The newest data from the UN* confirms most of the recent trends in manufacturing output – most notably that China continues to grow dramatically. The data also shows a stagnation in USA manufacturing output over the last several years, though … Continue reading

Posted in China, Data, Economics, India, Manufacturing | Tagged , , , , | 7 Comments

Evidence-based Management

Bob Sutton’s writing includes the excellent article “Management Advice: Which 90% is Crap?” (which we discussed in: Management Advice Failures) and the Knowing Doing Gap. I just discovered his blog today which is quite good: Work Matters. A recent post includes some good advice on data and process improvement Continue reading

Posted in Creativity, Data, Deming, Health care, Management, Process improvement | Tagged , , | 1 Comment

Manufacturing Jobs

The article, Manufacturing Lost 3.4 Million Jobs Since 1998 [the broken link was removed], indicates “The increased output should lead to job recovery.” I doubt it. While it is true there is a correlation between output and jobs by far … Continue reading

Posted in Economics, Manufacturing | Tagged , , | 4 Comments

The Future for Investors

I completed The Future for Investors: Why the Tried and the True Triumph Over the Bold and the New by Jeremy Siegel today. It provides a great deal of analysis of what historical stock market returns for various strategies have … Continue reading

Posted in Investing | Tagged , | Comments Off on The Future for Investors

Energy Future

Interesting chart from: The Oil Age Poster [the broken link was removed] . There are all sorts of opinions on the future price of oil. My view is based in the capitalist/market model – I believe that if it becomes … Continue reading

Posted in Economics, Investing | Tagged , , | Comments Off on Energy Future

Toyota in the US Economy

Some figures on Toyota’s economic impact in the USA. Toyota North American vehicle manufacturing totals: From Toyota’s web site: Toyota Manufacturing in the USA [the broken link was removed]: by 2008, Toyota will have the annual capacity to build 1.81 … Continue reading

Posted in Management, Manufacturing, Toyota Production System (TPS) | Tagged , | 4 Comments

China’s Manufacturing Economy

Brad Setser posts on manufacturing comparisons: Have China’s manufacturing powers been exaggerated? [the broken link was removed] I am all for pushing against over-generalizations that get repeated so often that they become conventional wisdom. The oft-stated argument that France isn’t … Continue reading

Posted in China, Economics, Manufacturing, Popular | Tagged , , , | 3 Comments

US Manufacturing Plant Construction

Breaking Ground [the broken link was removed] by Jeff Moad: Last year, according to figures from the U.S. Department of Commerce, investment in new manufacturing plant construction increased 25%. That compares to a decline of 6.5% in 2003 and an … Continue reading

Posted in Economics, Manufacturing | Tagged , | 4 Comments