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:…
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…
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…
“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…
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…
Assistance for American Workers and Families In the weeks immediately after the passage of the CARES Act, Americans will see fast and direct relief in the form of Economic Impact Payments. For more information, CLICK HERE. Assistance for Small…
Dorinda Byers, OSU MEP Program Manager, and Susan Foltz, Director of Manufacturing Assistance Programs at the Ohio Development Services Agency (ODSA), presented at the Central Ohio SuccessBound Region Power of Partnerships that Work Conference on February 20, 2020 at Ohio…
OSU South Centers MEP and StonePath partnered to present Lockout Tagout to the Zanesville-Muskingum Safety Council. Lock Out, Tag Out (LOTO) is a safety procedure used in industry and research settings to ensure that dangerous machines are properly shut off and not…
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