Jerry Jasinowski
Jerry Jasinowski
Jerry J. Jasinowskiis the former President and Chief Executive Officer of the National Association of Manufacturers and Founder and Past President of the Manufacturing Institute...
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Smaller manufacturers have seen some deterioration in the rate of profit growth, but the continued strength in sales, exports and capital investment indicates they have not yet been seriously affected by recent global turmoil,
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It will be a boon to stocks and to capital investment. Increasing the stock market will give business confidence a very big shock.
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The current manufacturing recession that began in the latter half of 2000 is chiefly due to the combined effects of excessively high interest rates, high energy prices, the over-valued dollar and increased regulatory and legal costs,
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You can suggest that certain parts of it you may do differently or put more money into ... but all of it is a substantial investment and a major additional support.
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The likelihood of slower business growth should help dampen the Fed's concern about an overheated economy and quell talk of a hike in interest rates,
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It's had a significant, major impact on a lot of industries that are trying to export and compete abroad, and the jobs related to them.
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E-commerce will be a central factor in future productivity growth and maintaining low inflation. E-commerce provides cost-effective, time-efficient means of transacting business and distributing goods, thereby lowering expenses and constraining inflation.
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The survey findings reflect the growing trend toward incentive compensation programs as a way for employers to share the wealth with workers, ... Roughly 80 percent of those surveyed offer bonus programs and 401(k) or profit-sharing plans . . . as they compete for the best and brightest workforce.
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The case for lower interest rates is a strong one, ... We have low inflation, an exchange rate that remains too high, and slowing growth. Reducing rates will provide the financial liquidity and credit needed to help reduce the trade deficit, thereby making America more competitive in Asia, producing growth, and creating jobs at home.