Tag Archives: Global Manufacturing

Manufacturing is Great for The Canadian Economy

Posted on August 30th, 2017
Manufacturing in Canada

With one of the most educated workforce’s in the world, it is no wonder that Canada has a thriving manufacturing industry. The infrastructure remains well-developed since the 60’s which has promoted the creation of numerous public projects and allowed them to focus on developing technologies.  As a result, Canada is one of the wealthiest nations in the world with a GDP of about $1.6 trillion. Like many developed nations, the country is moving toward a service-based economy. Now, about 3/4 of Canadians work in the tertiary sector. However, the manufacturing industry also plays an important role in the economy accounting for 11 percent of the GDP. It is the second largest sector after real estate. Petroleum Canada has the third-largest oil reserves, and it is the fifth largest oil producer in the world. The United States is the primary purchaser…

Manufacturing in France Continues to Represent a Greater Portion of Their GDP

Posted on August 14th, 2017
French Manufacturing

Being the tenth largest economy in the world with a GDP of $2,699 trillion and a 1.1% GDP real growth (2016), France continually strives to maintain its place as one of the European leaders and to increase its influential role in global economy. With a manufacturing industry representing almost 20% of its total GDP and an industrial production growth rate of 0.5%, France is the 4th largest industrial producer, only behind the USA, Japan, and Germany. This data accounts for the vital role of manufacturing in its economy, as it functions as the primary sources of exports income and one fundamental area to internationally strengthen its position. Always considering diversification as a necessary factor within its industry, France has a large production of vehicles, metallurgical products, machinery, chemicals and pharmaceuticals, textiles, and food products. It also holds a reputation for…