In 2012, U.S. exports and imports with Mexico grew by 9% and 6% respectively, and the trade between the two countries is expected to keep growing in the future on account of increased manufacturing activity in Mexico and the growth in the Mexican economy.
An account executive of a manufacturing company finishes a presentation about the status of a current product and then opens the floor to questions.
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Before settling on magnesium, Microsoft considered aluminum, among other options, taking into account cost, flexibility and manufacturing logistics.
Jobs have shrunk, the economy is crawling, inflation and interest rates remain high, the current account deficit is threatening, manufacturing has hit the buffers and skittish bureaucrats privately complain of "policy paralysis".
Capital depreciation can account for 50-80% of manufacturing cost in this kind of plant.
The PC is still too expensive for the smaller businesses (20 employees or fewer) that account for half of India's manufacturing.
Meanwhile, China is moving up the value chain into high-tech capital goods and is poised to account for about a third of global manufacturing of advanced machinery and equipment within a decade, from about 8% today, Mr. Zhu said.
Inflation is not wholly defeated, the current-account deficit is large and Turkey's competitiveness in manufacturing is a matter for concern.
Generally, the strong pound has been a burden on UK manufacturing, and the Bank of England seems to be taking this into account when deciding on monetary policy.
Manufacturing, including automobiles, steel, petrochemicals, computers, aircraft and consumer durables, account for 31% of GDP.
Businesses of this sort account for around a third of jobs and private-sector GDP, have a manufacturing and export bent (though less so in Britain) and combine the benefits of small-firm flexibility with large-firm economies of scale.
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