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Obama launches new measure to boost manufacturing sector

(Xinhua)

08:33, December 13, 2011

WASHINGTON, Dec. 12 (Xinhua) -- U.S. President Barack Obama announced on Monday to name Commerce Secretary John Bryson, National Economic Council (NEC) Chair Gene Sperling as Co-Chairs of White House Office of Manufacturing Policy, a new move of the administration's "Made in America" effort.

The new office is part of the NEC in the White House and works across federal government agencies to coordinate the execution of manufacturing programs and the development of manufacturing policy, according to a statement of the White House.

"At this make or break time for the middle class and our economy, we need a strong manufacturing sector that will put Americans back to work making products stamped with three proud words: Made in America," said Obama.

"John Bryson brings to this role decades of business leadership, a passion for manufacturing, and a strong understanding of its importance for jobs and our nation's economic competitiveness. He will play a key leadership role for the President and his economic team on these critical issues," said Gene Sperling.

Bryson said that supporting the manufacturing sector will help the United States innovate at home and compete around the world, adding the administration will introduce an "all hands on deck" approach that coordinates all of our assets -- public and private, federal, state, and regional.

Manufacturing sector has been playing a crucial role in the recovery of this round of economic recession. Latest government data showed that manufacturing sector has been increasing jobs in recent years.

The White House said that since the bottom of the recession in 2009, manufacturing production has grown 14 percent while real goods exports have grown 29 percent.

Over this same period, U.S. manufacturing has added over 300, 000 jobs, the first time the sector has experienced sustained job growth in over a decade, "but more must be done to revitalize American manufacturing," added the White House.

 
 
 
 
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