Alan Tonelson of the U.S. Business & Industry Council and Lloyd Wood of the American Manufacturing Trade Action Coalition spoke at the annual Fall Conference of the American Mold Builders Assn., and presented some disturbing statistics for U.S. manufacturing that directly impact moldmakers, and, in turn, molders.



Tonelson stated that “the health of the U.S. mold industry is an indicator of the health of U.S. manufacturing overall. You are all at ground zero of the efforts to strengthen U.S. manufacturing.�



Tonelson noted in his report that the recession has hit manufacturing especially hard. “Whereas the entire economy grew by 0.74% in real terms in 2008, the non-bubble-ized manufacturing shrank by 2.74%,� Tonelson said. “Manufacturing’s output losses so far in this recession (down 16.70%) already exceed even those of the 1973-1975 recession (15.32%)—formerly the worst U.S. downturn since the Great Depression.�



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