Tag Archive: Recession

Observations from 2010

The Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors’ Association (AMTDA) released a report on the status of the manufacturing technology industry in 2010. Manufacturing technology describes tools used to produce the goods manufactured each year. The state of this industry reflects a few things about the American economy, including the workforce, sales, and losses experienced by manufacturers. Let’s examine a few things that the 2010 report says about the American economy for the past year.

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Jobs in Pharmaceuticals: Is the Industry Really Recession Proof?

The pharmaceutical industry has long been thought of as the most recession-proof in the manufacturing world today. It is a medical-based industry that creates items that people need to survive, no matter how old they are—prescription drugs. However, the recession of 2008-2009 had many experts rethinking the categorization of pharmaceutical manufacturing as “recession proof”.

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