1 / 13

Impact of Federal Regulation on the Manufacturing Sector September 2013

Impact of Federal Regulation on the Manufacturing Sector September 2013. Regulations Grow Faster Than Production in Manufacturing. Cumulative Number of Manufacturing-Related Regulations vs. Manufacturing Physical Production. *Actual data through July, annualized for year 2013 as a whole

jill
Download Presentation

Impact of Federal Regulation on the Manufacturing Sector September 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Impact of Federal Regulation on the Manufacturing SectorSeptember 2013

  2. Regulations Grow Faster Than Production in Manufacturing Cumulative Number of Manufacturing-Related Regulations vs. Manufacturing Physical Production *Actual data through July, annualized for year 2013 as a whole Source(s): OIRA and Bureau of Economic Analysis and Bureau of Labor Statistics and NERA and MAPI

  3. Regulatory Growth a Factor in Manufacturing Job Losses Cumulative Number of Manufacturing-Related Regulations vs. Manufacturing Employment *Actual data through July, annualized for year 2013 as a whole Source(s): OIRA and U.S. Bureau of Labor Statistics and MAPI

  4. Feds Have Issued More Than 2,300 Manufacturing Rules Major & Non-Major Manufacturing Rules, by NAICS Subsector, January 1981 to July 2013 Note: The count of regulations in 2013 is shown only through July 31 Source(s): OIRA dataset and NERA analysis

  5. Total Economic Burden Much Greater than Sum of Individual Rules Cumulative Major & Non-Major Manufacturing Rules by Year, January 1981 to July 2013 September 1993: Executive order 12866 issued Note: President Clinton issued Executive Order 12866 in September 1993, greatly reducing the scope of OIRA regulatory review *The count of regulations in 2013 is shown through July 31 Source(s): OIRA dataset, NERA analysis

  6. Regulation Will Reduce Output by Up to 6% Over the Decade Regulatory Impact on Physical Output by Industry 2012-2021 Source(s): OIRA dataset and NERA analysis

  7. Regulation Will Reduce Shipment Value by $500 Billion in 2013 Regulatory Impact on Shipment Value by Industry, 2013 Source(s): OIRA dataset and NERA analysis

  8. Regulation Will Reduce Exports by Up to 17% in 2013 Regulatory Impact on Exports by Industry, 2013 Source(s): OIRA dataset and NERA analysis

  9. Surge in Regulation Under the Obama Administration Major Regulations Promulgated by Presidential Administration, All Sectors * Actual data through July, annualized for year 2013 as a whole Source(s): NERA analysis

  10. Surge in Regulation Under the Obama Administration Major Regulations Promulgated by Presidential Administration, Manufacturing • Actual data through July, annualized for year 2013 as a whole • Source(s): NERA analysis

  11. One Year of Major Regulations Food, Beverage, Textile, Apparel Source(s): NERA analysis

  12. One Year of Major Regulations Wood, Paper, Printing, Petroleum, Chemicals, Plastics, and Mineral Products Source(s): NERA analysis

  13. One Year of Major Regulations Metals; Machinery; Electrical, Electronic, and Transportation Equipment Source(s): NERA analysis

More Related