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 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.
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.
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.”
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 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.
Electronics manufacturers anticipate at least a five-week product shipment delay from suppliers due to the coronavirus epidemic, according to a survey conducted by IPC, a global electronics manufacturing association. The group says shipping delays from China and other countries where the virus has spread are already having negative impacts on manufacturers.
The following statement can be attributed to John Mitchell, President and CEO of IPC, the global association representing the electronics manufacturing industry:“The electronics manufacturing industry applauds the U.S. Senate for approving the U.S.-Mexico-Canada Agreement (USMCA) with broad bipartisan support. As soon as President Trump signs the legislation, which is expected within days, it will enter into force.
The following statement can be attributed to Chris Mitchell, vice president of global government relations at IPC, the global association representing the electronics manufacturing industry:“The electronics manufacturing industry welcomes the U.S.-China "phase one" trade deal being signed today in Washington, and the pathway it offers to resolution of broader issues. The deal leaves many issues unaddressed including cyber security, structural economic reforms, and the high level of tariffs that are still in place on many products that are traded in our industry.
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