Stephen Gold discusses headwinds and tailwinds for U.S. manufacturing recovery

Date: 18 June 2013
Source: AAMA
Stephen Gold, president and CEO of Manufacturers Alliance for Productivity and Innovation (MAPI), delivered a keynote presentation on the recovery of the U.

S. manufacturing industry during the American Architectural Manufacturers Association (AAMA) Summer Conference, held in Rosemont, Ill., June 10-13.       According to Gold, U.S. manufacturing “contracted more than 21 percent during the recession,” but began to recover faster than the gross domestic product (GPD) beginning in the third quarter of 2009.However, following a 10 percent growth in the first quarter of 2010, manufacturing recovery has slowed.

During the presentation, Gold noted the headwinds that have slowed U.S. manufacturing growth, preventing an “economic renaissance:" a weak global economy, high structural costs relative to trading partners, political gridlock and the worker skills gap.

In regards to the worker skills gap, Gold noted that this has been “a problem in the making” due to the canceling of many vocational programs, which has left five percent of manufacturing jobs unfilled because of the lack of skilled workers.

While Gold believes job growth for the U.S. manufacturing industry may never reach the levels of the 1990s (17.5 million jobs), it is possible to “regain the jobs lost during the recession if the right policies are in place in Washington.” Additionally, Gold noted that the energy revolution, narrowing age gap between China and the U.S., new shipping and supply chain strategies, as well as re-emergence in the U.S. housing market are all tailwinds for U.S. manufacturing recovery.

Stephen Gold is president and CEO of MAPI. During the past three decades, he has represented U.S. manufacturers in a variety of senior-level roles in nonprofit membership organizations, including in government relations, communications and operations.

More information about AAMA and its activities can be found via the AAMA Media Relations page or on the AAMA website,

600450 Stephen Gold discusses headwinds and tailwinds for U.S. manufacturing recovery
Date: 18 June 2013
Source: AAMA

See more news about:

See more from these topics:

Others also read

For the first time, LandGlass presented both of its core products.
AluK will showcase its superior, top-level products, and share its expertise in the field of windows and doors.
China Ginza Tokyo is a luxurious and unique building expressing the spirit of Chanel through a façade generating images and acting as lighting for the building.
Join the National Glass Association Thursday, October 20 at Noon at GlassBuild America as we celebrate the relaunch of – NGA’s online training resource!
The next engineered transparency conference takes place at the 23rd and 24th of October 2018 during glasstec 2018.
During the AAMA 2016 National Fall Conference, Michael Collins, partner and managing director of Building Industry Advisors, LLC, provided an economic overview and outlook of the window and door industry.

From industry

Add new comment