Category Archives: Economics

Manufacturing Jobs Data: USA and China

Manufacturing Productivity and the Shifting US, China, and Global Job Scenes-1990 to 2005 (working paper – July 2005) by William Ward, Clemson University: Manufacturing productivity growth from 1990 to 2004 should have taken away 7.5 million of the 17.7 million … Continue reading

Posted in China, Economics, Manufacturing, Popular, quote | 6 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

Warren Buffett’s 2005 Shareholder Letter

As usually Warren Buffett’s Berkshire Hathaway shareholder letter is packed with good investment thoughts along with some management wisdom. Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won’t change, moreover, because the deck … Continue reading

Posted in Economics, Investing, Management | 6 Comments

Global Manufacturing Data by Country

I am still looking for a good source for manufacturing data by country and year. Today I found some data from the United Nations Statistics Division. The data for the top five manufacturing economies: China, Germany, Japan, United Kingdom and … Continue reading

Posted in China, Economics, Manufacturing, Popular, quote | Tagged , , , , | 9 Comments

China now the 5th Largest Economy

China’s Economy Grew 9.9% in 2005, Overtaking France [the broken link was removed] China’s economy grew 9.9 percent in 2005, overtaking France as the world’s fifth largest, powered by exports and investment in factories, roads and power plants. Gross domestic … Continue reading

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Engines of Democracy

Engines of Democracy [the broken link was removed] by Charles Fishman, Fast Company: The 170-plus people who work at this plant try to make perfect jet engines. And they come close. On average, one-quarter of the engines that GE/Durham sends … Continue reading

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Books: Blink, Freakonomics and more

I finished reading two very popular books this weekend: Freakonomics and Blink: The Power of Thinking Without Thinking by Malcolm Gladwell. While both books were enjoyable and interesting, they really seemed to offer a few good or interesting ideas stretched … Continue reading

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America’s Manufacturing Future

A Wake-up Call From Asia [the broken link was removed] by Patricia Panchak [the broken link was removed]: China and India very aggressively are pursuing advanced manufacturing. Increasingly, China’s exports to the U.S. are composed of advanced-technology products. … J.P. … Continue reading

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Engineering Education: China, India and the USA

I just added a post, USA Under-counting Engineering Graduates, to our Curious Cat Science and Engineering Blog on a new report from Duke concerning data on engineering degrees from China, India and the USA: Framing the Engineering Outsourcing Debate. I … Continue reading

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Hopeful About India’s Manufacturing Sector

Why Am I Hopeful About India’s Manufacturing Sector [the broken link was removed] by Indra: As World Economic Forum Founder and Chairman Professor Klaus Schwab said in recently held India Economic Summit, 2005, “It is indeed important for India to … Continue reading

Posted in Economics, India, Manufacturing | Tagged , , | 2 Comments