Millions of jobs probably aren t coming back, even after the pandemic ends adn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adn.com Daily Mail and Mail on Sunday newspapers.
MEP Program Shows Nearly 13.6 to 1 Return to the Federal Treasury
Share Article
The American Small Manufactures Coalition announces a new study by Summit Consulting and the W.E. Upjohn Institute for Employment Research finds that the National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP) program generates a substantial economic and financial return. The study found a return on investment of nearly $13.6:1 for the $146 million invested by the federal government.
Chuck Spangler, ASMC Board Chairman
“Another year with extraordinary results! MEP Centers across the country are undoubtedly fulfilling their duties in helping small and medium-sized manufacturers create competitive futures by empowering them to excel,”
Worst Spot for U.S. Brain Drain Gets Hope as Vaccine Hub
Bloomberg 1/12/2021 Vincent Del Giudice and Wei Lu
(Bloomberg) The old factory town of Kalamazoo, Michigan, has become a center for Covid-19 vaccine manufacturing. That may help the area’s economy turn a corner after some tough years.
Ranked highest in this year’s Bloomberg Brain Drain Index of population loss of top talent, Kalamazoo has struggled like the rest of the U.S. with the job-crushing pandemic. But the city got some hope when Pfizer Inc.’s factory in adjacent Portage recently became a key distribution point for the vaccine. The drugmaker and German partner BioNTech SE plan to deliver 200 million doses to the U.S. by July.
Personal View: Inclusion is good economics
BETHIA BURKE
Bethia Burke
A recent opinion piece in Crain s Cleveland Business by local economist James Trutko took aim at the Cleveland Innovation Project, suggesting the vision that the Fund for Our Economic Future and its partners support is misguided. While I disagree with many criticisms leveled by Trutko, I welcome his public scrutiny. It provides an opportunity to sharpen the project s thinking and hold it to account.
However, Trutko raised one issue I cannot ignore. He asserted, sustained economic growth is … inherently unequal and further asserted the project (and presumably the region at large) should give more attention to creating a bigger economic pie and be less concerned with how the pie is split. He goes on to argue for the mythical trickle-down approach in which regional success will ultimately accrue to women and minorities, diminishing the vast difference in economic outcomes that exist today.
How the Pandemic May Effect West MI s Economy in 2021 | Newsradio WOOD 1300 and 106 9 FM iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.