Skip to main content
  1. News
  2. Business & Finance
  3. Industry

Lehigh Valley will take advantage of more spending in manufacturing sector

See also

Factory production in the US grew faster than the nation's overall economy for the past year. Many factors suggest that US manufacturers will be spending more this year to maintain their contributions to this area.

Industrial production, which is the real measure of manufacturing output, increased by 0.3% in December, and by 6.8% in the fourth quarter. Capacity utilization, which measures how well a factory uses labor and capital, increased to 77.2%, a post recession high.

Yet, the manufacturing industry, only added 60,000 jobs to the economy, which equates to about one-third the growth rate for all the other sectors during the year.

In total, this data reveals that the US manufacturing industry has significantly increased their productivity by using its workers and machinery better than most. With wages in China rising, worldwide consumption increasing as the European economy recovers, the demand for US made goods will be even higher this upcoming year

For US manufacturers to maintain their current productivity trends, they will need to produce more. They will look to get the most for the money that they spend on building new factories or increasing production from existing ones..

Located in the center of the country's most populated corridor, with a willing and eager workforce, lower cost of living keep salaries reasonable, and educational system willing to provide specialized training that the corporations desire, the Valley is the ideal place for a factory to built or expand.

Advertisement

News

  • Al Qaeda video surfaces
    A video of an Al Qaeda meeting surfaces, concealed identities are raising suspicions
    Video
    Watch Video
  • Boston Marathon
    Boston cops shut down Boylston street after finding suspicious, unattended backpacks
    Top News
  • Death penalty for hate crime?
    Actions by the anti-Semitic gunman are being condemned by the unlikeliest of groups
    Crime News
  • New York gun control
    As many as one million New Yorkers are ready to disregard the state's new gun laws
    Headlines
  • Korean ferry capsizes
    Hundreds of passengers are missing after a ferry sinks off the South Korean coast
    World News
  • NYPD ends surveillance on Muslims
    The NYPD will end surveillance programs against Muslims in their own communities
    Video
    Watch Video

Related Videos:

  • New job training programs highlighted by President at a PA community college
    <div class="video-info" data-id="518105950" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518105950&autoStart=true"></div>
  • Fleets burning clean
    <iframe width="600" height="337" src="//www.youtube.com/embed/GGftRg1lklk?VQ=HD720&amp;autoplay=1"></iframe>
  • New networking events scheduled for Lehigh Valley business professionals
    <div class="video-info" data-id="517157231" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=517157231&autoStart=true"></div>

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!