Skip to content

Looking Forward 2014 with Hypercat

March 10, 2014

As 2013 came to end, there were signs that 2014 might be another good year for America’s manufacturing sector. In December, there were a number of different positive indicators released worth mentioning including:

  • 9K net new manufacturing workers in December, fifth straight month of gains
  • Narrowing of the trade deficit which included a 2% jump in manufactured goods exported for the first 11th months of 2013

Though these are only a few of the many positive statistics from 2013, they are a good representation of what we are hoping to expect from 2014.

As far as trends Hypercat is watching for 2014, perhaps the most important is an even brighter spotlight on reshoring. According to labor stats, America has added 550K new manufacturing jobs since 2011. Combined with rising costs of doing business overseas (including higher salary demands and shipping costs), it is our hope that more companies see the wisdom in embracing the “Made in USA”. While we do purchase and sell on a global level, we also understand and support the Made in America movement.  It is a positive sign that the manufacturing of products rarely made in U.S., like cell phones and other electronics, are shifting to American soil.

Everyone at Hypercat is optimistic for 2014. As the year goes on, we will keep you informed on the progress of manufacturing in the U.S. so please check back every month!

Advertisements
No comments yet

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: