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Focus: Manufacturing

Feature Article from Our Supply Chain Trends and Issues Subject Area - See All

From SCDigest's On-Target E-Magazine

SCDigest Editorial Staff

Jan. 3, 2011

Supply Chain News: How Well Do You Know US Manufacturing?

 

10 Questions to Challenge Your Knowledge!

 

Supply Chain Digest confesses to liking trivia and quizzes (note our weekly Supply Chain Trivia question), and so we found a recent quiz on American manufacturing from CFO magazine enjoyable.

Below, we reprint those eight questions here, and add two of our own for an even 10.

How well did you do?

Gilmore Says:

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(1) Between 2000 and 2008, the U.S. global market share of manufactured goods fell from 19% to 14%, while China's increased from 7% to 17%. During that same period, the value of U.S. manufactured exports:


A. Decreased by 42%
B. Decreased by 10%
C. Increased by 19%
D. Increased by 60%

(2) A recent survey found that 60% of Americans believe that U.S. manufacturers can compete effectively in global markets. The percentage who said that, longer-term, the outlook for U.S. manufacturers will strengthen was:


A. 8%
B. 24%
C. 41%
D. 75%

(3) The percentage of Americans in a recent survey who said they would encourage their children to pursue a career in manufacturing was:


A. 10%
B. 20%
C. 30%
D. 40%

(4) In which category below do U.S. exports exceed U.S. imports?


A. Computers/Electronics
B. Chemicals
C. Paper
D. Textiles/Fabrics

(5) Asked to evaluate U.S. manufacturing competitiveness on 21 attributes, a majority of Americans said the United States is at a disadvantage in 7, all of which had what in common?


A. Pay scales/Union influence
B. Government/Tax policies
C. Reliability/Durability/Reputation
D. High commodity/Shipping/Logistics costs

(6) Asked whether they were more likely to buy a product labeled "Made in America," the percentage of Americans who said yes in a recent survey was:


A. 52%
B. 61%
C. 70%

D. 83%

(Manufacturing article continued below)

CATEGORY SPONSOR: SOFTEON

 

(7) Of those answering Yes to the question 6, the percentage change from 2009 to 2010 was:


A. Up 2%
B. Up 9%
C. Up 13%
D. Up 22%

(8) In 2009, the median weekly earnings for a manufacturing-sector union member were $800. The median for nonunion workers was:


A. $649
B. $762
C. $791
D. $875

(9) Which US manufacturing sector has the smallest ratio of workers outside the US to total workers, among multi-national manufactuters, at 23%?

A. Chemicals

B. Furniture

C. Food

D. Metals

(10) Factory utilization in the US currenty stands at about 73%. The average capacity utilization in manufacturing over the past 40 years is what?

A. 75%

B. 80%

C. 83%

D. 86%

 

Sources: National Association of Manufacturers (1, 4), Deloitte survey of 1,055 Americans (2, 3, 5), Adweek Media/Harris Poll of 2,163 Americans (6, 7), Bureau of Labor Statistics (8), MAPI/Manufacturing Alliance (9), Federal Reserve (10)

Answers:

1–D; 2–A; 3–C; 4–D; 5–B; 6–B; 7–A; 8–B, 9-B, 10-B

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