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Why manufacturing growth effect everyone?

  Based on US Bureau of Economic Analysis, Manufacturing has the biggest multiplier effect, which means it effects all markets including housing and service industry. The chart here explains some numbers about different industries. July data signaled a sustained rebound in production volumes across the manufacturing sector. Higher levels of output have been recorded in …

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Why Manufacturing, Economy and Technology are Related?

Productivity has long-term impacts on the economy’s growth. Increased productivity raises the standard of living. Manufacturing is the key of rapid economic growth and associated with the formation of employment both directly and indirectly. “Manufacturing is more than just putting parts together. It’s coming up with ideas, testing principles and perfecting the engineering, as well …

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