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Maps: Health Care, Social Assistance Top Industries in Most States

A combination of health care and social assistance now rank as the dominant industry in most American states, surpassing manufacturing and—for a spell—retail trade as the top industries in decades past, according to a new government report.
The Labor Department this week released an animated map showing how the top industry in each state changed from 1990 to last year, the most recent data available. The change in the map is striking.

Source: http://blogs.wsj.com/economics/2014/07/30/maps-health-care-social-assistance-top-industries-in-most-states/?mod=WSJBlog

5 Things to Watch in Wednesday’s U.S. GDP Report

Economists early Wednesday will get their first peek at how the U.S. economy fared in the second quarter, an important gauge of where the country is heading after the abrupt downturn earlier this year.

Source: http://blogs.wsj.com/economics/2014/07/29/5-things-five-things-to-watch-in-wednesdays-u-s-gdp-report/?mod=WSJBlog

Economists React: China’s Manufacturing Sector Looking Good

Two cleaners rest on a bench at the Bund in Shanghai on July 23, 2014.
Agence France-Presse/Getty Images

It has been a rocky year for China’s econom

Source: http://blogs.wsj.com/economics/2014/07/24/economists-react-chinas-manufacturing-sector-looking-good/?mod=WSJBlog

Skeptics Question Wal-Mart’s Love Affair with U.S. Manufacturing

Wal-Mart Stores Inc., the world’s largest retailer, last year announced it would spend $250 billion more over the next decade on U.S.-made goods and rallied suppliers with revival-style meetings that emphasized the importance of creating good-paying jobs at American factories.

Source: http://blogs.wsj.com/economics/2014/07/18/skeptics-question-wal-marts-love-affair-with-u-s-manufacturing/?mod=marketbeat

American Made, One Part at a Time

The world’s largest maker of bicycle helmets is doing something it hasn’t done in over a decade. It’s making some of its headgear entirely out of U.S.-made parts.

Source: http://blogs.wsj.com/economics/2014/07/18/american-made-one-part-at-a-time/?mod=WSJBlog

What’s In A Name? If it’s “Made in USA,” Quite A Lot.

Deciding when something can be called “Made in USA” is harder than you might think. You can thank both the Federal Trade Commission and the state of California for that.

Source: http://blogs.wsj.com/economics/2014/07/18/whats-in-a-name-if-its-made-in-usa-quite-a-lot/?mod=marketbeat

Fracking Boom Has Provided Only a Modest Boost to U.S. Manufacturers

The fracking boom has driven down natural-gas prices but is having a “relatively small” impact on U.S. manufacturers, on the order of a 2% to 3% boost in activity across the sector, according to new research from the Federal Reserve.

Source: http://blogs.wsj.com/economics/2014/07/03/fracking-boom-has-provided-only-a-modest-boost-to-u-s-manufacturers/?mod=WSJBlog
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