When does the ‘airplane parts industry’ start?
A report released this week by the U.S. Department of Transportation (DOT) and the Aerospace Industries Association suggests that the “airplane part industry” started in 1979 and has grown significantly since then.The report, “Manufacturing, Distributing and Re-Distributing Aircraft Part Materials: The U.A.A.’s Manufacturing History and Future,” finds that the industry’s production volume rose from $8 […]
Why the US is a ticking time bomb for the world’s oil industry
Oil, which accounts for half the world economy, is a key part of the world oil industry.It’s the biggest export sector and a huge amount of it comes from the US.The US exports about $40bn a year to China, and $20bn to Russia.Its imports are the second-biggest and have been growing steadily for the past […]
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