With the Export-Import Bank’s charter set to expire on Sept. 30, the National Association of Manufacturers, NJBIA, and a coalition of hundreds of other business and trade groups are urging Congress to act quickly to keep the bank in business. The Ex-Im Bank is an independent federal agency that helps U.S. businesses grow their international […]
Recent U.S. Labor Department data that shows a record 552,000 manufacturing jobs open in July underscores the industry’s concerns about a lack of skilled workers in this sector, according to National Association of Manufacturers Chief Economist Chad Moutray. The federal government’s monthly Job Openings and Labor Turnover Survey found that durable goods manufacturers in particular […]
NJ Receives a Cumulative Grade of “D+” in the 2019 Manufacturing Score Card. NJ’s tax climate, expected fiscal liability gap, and sector diversification all scored an “F”, resulting in a poor overall grade for NJ’s manufacturing health.
WASHINGTON — National Association of Manufacturers President and CEO Jay Timmons and Manufacturing Institute Executive Director Carolyn Lee recently joined with President Donald Trump and Advisor to the President Ivanka Trump to sign the Pledge to America’s Workers, with manufacturers committing to provide training opportunities to 1,186,000 manufacturing workers over the next five years to address the industry’s skills gap […]
Small manufacturers and startups would find it easier to get capital for modernizing and expanding their operations under a bill to expand a key Small Business Administration (SBA) loan program. The Strengthening Investment to Grow Manufacturing in America (SIGMA) Act, sponsored by Congressmen Tim Ryan (D-OH) and Tom Reed (R-NY), would increase the amount manufacturers […]