IPC Statement on June’s Job Numbers
The following statement is attributed to John Mitchell, IPC president and CEO, regarding June’s unemployment report from the U.S. Department of Labor. Based on the data, IPC estimates the electronics manufacturing industry gained 20,000 jobs.
Electronics Manufacturing Supports More Than 5.3 Million U.S. Jobs and Almost 4% of U.S. GDP, Says IPC
Electronics manufacturing contributes powerfully to the U.S. economy, according to a new report released by IPC, the global electronics manufacturing industry association. The report finds the electronics manufacturing sector directly supports more than 1.3 million U.S. jobs. For every U.S. electronics manufacturing job, three other jobs are supported in the U.S. economy, contributing to a total of 5.3 million American jobs. Also, the industry indirectly and directly contributes $714 billion (3.7 percent) to U.S. GDP.
Electronics Manufacturing Sector Calls on Leaders of U.S., Mexico, Canada to Boost Cooperation During COVID-19 Recovery
IPC, the global electronics manufacturing industry association, yesterday sent a letter to U.S. President Donald Trump, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau, urging them to launch a trilateral initiative to mobilize industrial base support for the continuing medical response related to COVID-19.
IPC Encouraged as U.S. EPA Eases Up on TSCA Fees
As a result of IPC’s advocacy work, the U.S. EPA yesterday announced that it is exploring exemptions to the Toxic Substances Control Act (TSCA) “Fees Rule.”
IPC Welcomes U.S. Economic Stabilization Package, Proposes Agenda for Economic Recovery and Resiliency in Electronics Manufacturing
On behalf of electronics manufacturers in the United States and around the world, IPC thanks the U.S. Congress and the Trump administration for reaching agreement today on a $2 trillion economic stabilization package to address the fallout from the COVID-19 pandemic.
Electronics Manufacturers Feel Impact of Coronavirus Disruptions But Majority Expect Business to Return to Normal by Summer 2020
Electronics manufacturers continue to feel the impact of the coronavirus on their businesses. Companies experiencing supply disruptions report they expect five-week shipment delays on average. But a majority of electronics manufacturers and suppliers expect business operations to be “back to normal” by July 2020, and collectively 75 percent of all respondents expect business to be back to normal by October 2020, according to a new IPC survey on the impacts of coronavirus disruptions.