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KANSAS ECONOMIC OUTLOOK CONFERENCECarolyn LeeExecutive DirectorThe Manufacturing Institute
MANUFACTURING ECONOMY
A Resurgence in U.S. Manufacturing?
Manufacturing Jobs
Manufacturing Wages in China
NAM Manufacturers’ Outlook Survey
56.6%61.7% 61.0%
77.8%
93.3%89.5% 89.8%
2016:1 2016:2 2016:3 2016:4 2017:1 2017:2 2017:3
MANUFACTURING INNOVATIONS
3D Printing – Adoption
9
Robot Orders & Investments
$0.50
$1.00
$1.50
$2.00
5,000
15,000
25,000
35,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Number of Orders (Left Scale)Billions of $$ (Right Scale)
Robots Stealing Jobs?
MANUFACTURING WORKFORCE
Primary Current Business Challenges
21.5%
27.1%
39.2%
51.4%
71.6%
72.0%
Strengthened U.S. dollar
Weaker domestic economy and sales
Rising raw material costs for our products
Unfavorable business climate
Attracting and retaining a quality workforce
Rising health care/insurance costs
Job Openings in Manufacturing
82% of manufacturers can’t find skilled workers
(Mis)Perceptions Cost Us Workers
October 6, 2017
Workforce & Education Programs•Apprenticeships
•Internships
•Certifications
•Academies
•Summer Programs
•Competitions
•Women
•Veterans
•Ambassadors
Thank You!Carolyn Lee
The Manufacturing InstituteNational Association of Manufacturers
E-mail: [email protected]
@TheMfgInstitute