Some Recent reports are shedding positive light on the manufacturing sector and its possible comeback. While many manufacturing companies disappeared during the 2008 crisis, some remained and had adapted to the changes like cloud-computing technologies around them to remain relevant.

An article written by Bill Cornely for Forbes.com reads in part;

“The U.S. manufacturing sector is coming back, we learn from the Federal Reserve’s industrial production report. Last month’s gain was 0.9 percent, more than making up all the ground lost in the early months of this year. Looking forward, production will continue to expand, but don’t expect a lot more factory jobs.

Manufacturing is the largest component of industrial production. The overall industrial numbers are pushed around by utility production, which rises or fall as weather is unusually warm or cold. Manufacturing is thus a better gauge of underlying economic activity than industrial production.”

The article concludes with the following; “It’s not going to be easy sailing for factories. The world is a very competitive place. But look for further gains by American manufacturers in the year to come.”

For many years manufacturing in Canada and the US outperformed other industries by leaps and bounds and created well paying jobs for thousands of workers. And, while the number of manufacturing companies today is, probably half the size of what it use to be, the ones still standing have had to endure a great deal to survive. And to that, we say Kudos to them!

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