none

Boost in US exports

26-01-2011
by 
in 

While the housing sector's troubles continue to drag down the US economy, manufacturing is doing well, largely because of strong sales overseas.

The exports boom has helped the manufacturing sector grow at a pace three times faster than the rest of the economy.

According to federal data, exports rose for the third straight month in November last year to nearly $160 billion.

Overseas customers are buying more US airplanes, pharmaceuticals, foods, industrial supplies, cotton, computers and more.

President Obama has set a goal of doubling US exports by 2015.

Related news & editorials

  1. 09.03.2020
    09.03.2020
    by      In , In , In
    In May, Advanced Manufacturing Expo will be held for the first time to inspire future growth for the manufacturing industry and industrial sector. The expo’s conference and exhibition will showcase the latest advanced manufacturing production solutions and insights with dedicated solutions... Read More
  2. 23.08.2019
    23.08.2019
    by      In
    Swiss-based CNC specialist NUM has launched an innovative accelerometer-based active vibration control system for CNC machine tools. The system, primarily designed to improve machining by virtually eliminating tool head vibration, further helps increase productivity by maximising material removal... Read More
  3. 13.08.2019
    13.08.2019
    by      In
    Maintenance in the era of Industry 4.0 means a clear change of paradigm. ‘Predictive maintenance’ makes it possible to continuously monitor the status of a machine tool, which can reduce unscheduled shutdowns and the costs of failure. Instead of merely reacting to a failure or fault or carrying out... Read More
  4. 21.06.2019
    21.06.2019
    by      In
    Australian bicycle manufacturer Bastion Cycles produces high-performance road bikes that use filament-wound carbon fibre tubes and a modular design for titanium lugs. For the first three years of operation, Bastion outsourced production of the lugs to RAM3D, an additive manufacturing (AM) provider... Read More