Economy
Dan DiMicco Book: American Made
Written by Sandy Williams
February 5, 2015
Dan DiMicco continues to make economic and political waves with his newest book, American Made: Why Making Things Will Return Us to Greatness.
In his book, the outspoken former Nucor CEO and chairman tells how restoring American manufacturing to greatness will make America strong.
Publisher St. Martin’s Press, says that DiMicco, with his usual blunt manner, “takes to task the politicians, academics, and political pundits who, he contends, are exacerbating fears and avoiding simple solutions for the sake of nothing more than their own careers.”
DiMicco also “tackles the false promise of green jobs and the hidden costs of outsourcing.”
Kirkus Reviews calls it “Common-sensical—perhaps too much so for policymakers to stomach—and plainspoken. Free trade absolutists and corporate apologists will hate it, but as for the rest, it’s worthy of much discussion.”
American Made is scheduled for release on March 3.
Sandy Williams
Read more from Sandy WilliamsLatest in Economy
Architecture billings flat in October after months of contraction
Architecture firms reported stable billings in October, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek. This follows 20 months of contracting business conditions.
Trump taps Lutnick to be Commerce Secretary
President-elect Donald Trump has named Wall Street veteran Howard Lutnick as the new US Secretary of Commerce.
New York state manufacturing activity ramps up to multi-year high
New York state’s manufacturing sector saw substantial recovery in November, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York.
CRU: Dollar and bond yields rise, metal prices fall as Trump wins election
Donald Trump has won the US presidential election. The Republican party has re-taken control of the Senate. Votes are still being counted in many tight congressional races. But based on results so far, the Republicans seem likely to maintain control of the House of Representatives. If confirmed, this will give Trump considerable scope to pass legislation pursuing his agenda. What this means for US policy is not immediately obvious. Trump will not be inaugurated until Jan. 20. In the coming weeks and months, he will begin to assemble his cabinet, which may give a clearer signal on his policy priorities and approaches. Based on statements he made during the presidential campaign, we have set out the likely direction of his economic policy here and green policy here.
ISM: Manufacturing index fell in Oct to lowest point of ’24
Domestic manufacturing contracted for the seventh straight month in October, according to the latest report from the Institute for Supply Management (ISM). This marks the 23rd time in the last 24 months that it has been in contraction.