Visualizing Net Annual Income in America
In 2019, economic inequality in the U.S. reached its highest level in more than half a century. However, the World Economic Forum recently warned that income inequality could worsen as a result of the coronavirus crisis. Here’s what we found:…
Top 5 Countries with the Biggest Manufacturing Output
The $2.33 trillion U.S. manufacturing sector made up 11.6% of the country’s economic output in 2018. U.S. factory production shrank by 1.3 percent in 2019. While half a million manufacturing jobs have been added during the Trump administration, job growth…
Study: 40% Of Factory CEOs Cutting Own Comp In 2020
Preliminary data taken from Chief Executive’s annual CEO and Senior Executive Compensation study shows 40 percent of manufacturing CEOs are cutting (or planning to cut) their compensation in 2020 as a result of Covid, and nearly two-thirds of those (63 percent) are looking at a 10 to 30 percent cut, with…
Business Has No Speed Limits
“Pushing the envelope” is a phrase that originated with American test pilots such as Chuck Yaeger and John Glenn in the 1950s. Each aircraft they flew was said to have an “envelope” of performance. In other words, it was designed…
The Future of Manufacturing Can be Stronger Than Ever
A strong 61% of our survey participants indicated that a look back on the impacts of COVID-19 from five years in the future would yield a positive outcome. And that is encouraging – particularly given where we sit today. Strength…
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