The program focuses on creating prosperity by linking business leaders, spreading solutions that work, and promoting investment toward local economies.
Manchester, N.H. (PRWEB) May 31, 2014
Groups such as the National Manufacturing Renaissance Council and the Economic Impact Rating Program reveal new economic tools and services to create jobs and economic growth.
Manufacturing Renaissance Council development partners are sprouting up around the country from Chicago – where the council began – to the Bay Area of California. The National Manufacturing Renaissance Council (MRC) and its partners provide thought leadership that unites business, labor, government, education and community leaders in operating programs to support their regional advanced manufacturing sectors.
According to its website, the National MRC is “strategic partnership of public and private sector partners committed to supported U.S. advanced manufacturing: the design and production of complex, value-added goods such as medical equipment, aerospace technology, or highly specialized product components.”
Similar to the mission of the National MRC, the Economic Impact Rating Certification Program provides an economic instrument that has the ability to add jobs to the struggling U.S. labor force.
The rating system deploys a patent-pending accounting method that is able to measure the impact of purchasing one product as opposed to another less impactful product. The results are marked on a one- to five- star scale, with a business’ consent, on packaging, websites or marketing collateral. Consumers can use the mark to compare the impact of buying competing products. The program focuses on creating prosperity by linking business leaders, spreading solutions that work, and promoting investment toward local economies.
“We have watched organizations such as the National MRC and Business Alliance for Local Living Economies (BALLE) flourish,” says Anthony Comito, CEO and founder of the Economic Impact Rating. “Gallup polls persistently show jobs and the economy as main concerns among citizens and our mission, along with such organizations, is to lessen those concerns.”
The American “Manufacturing Renaissance”, as it is called in media outlets around the U.S., revisits the conflicting factual evidence between the Gallup reports and reports published in the media.
The Economic Impact Rating deploys a hybrid structure of accounting and consulting services to work with businesses that strive to make an impact in the local or domestic economy. “Google searches for local and Made in USA products is up over 5000%,” adds Comito. “These are great indicators that the time has never been better for companies to bring manufacturing jobs back to the U.S.”
“I’ve spoken to executives who have mentioned they, for instance, moved products from squirt-bottle containers to glass jars--all to look more local,” Comito concludes. “Consumers need an easy and fast way to identify truly American-made and local products that make an impact.”
The Economic Impact Rating, an independent certifier of products and services, helps businesses show their economic impact, by giving consumers the information they need to support businesses that strive to create jobs, contribute taxes and capture cash flows in the community. The rating is a patent-pending, third-party mark placed on packaging, websites or marketing material showing consumers, on a 5-star scale, how much of a product's price-tag is being captured in an area. For more information, follow them on Twitter @EconImpact, Facebook or connect on their website http://www.economicimpactrating.com/.