Manufacturing Metamorphosis

MESSAGE FROM THE PRESIDENT

April 22, 2024

Today is Earth Day, a day to reflect upon the glories of nature and our stewardship of the environment. While we have significant and ever-evolving challenges before us, I’m excited that more manufacturing is coming back to the United States and to Delaware in particular. As manufacturers exit countries that have flimsy environmental management, we have an opportunity to modernize and upgrade manufacturing processes with an eye toward improved environmental stewardship. This coming industrial expansion will help our supply chain issues, provide great workforce opportunities, and lead to better air and water quality management. This is good news for our environment and economy. Manufacturing in 2024 looks nothing like manufacturing of 1974, so as long as we take measured steps, we can grow our economy and clean our environment at the same time.

News You Can Use

Economic news this week gets started tomorrow morning with the release of new home sales figures from March. On Wednesday we’ll learn about durable-goods orders for March, while wholesale and retail inventory data are on tap for Thursday. Friday will bring us personal income and personal spending results from March and an early look at consumer sentiment for April.

While this is a relatively quiet week for economic data, it’s a very busy week for companies with earnings calls. Verizon Communications, Truist Financial, and Albertsons are scheduled today. Tesla, Fiserv, Haliburton, Lockheed Martin, Phillip Morris International, Quest Diagnostics, Visa, and UPS are among the many scheduled for Tuesday. AT&T, Biogen, Navient, Meta Platforms, Ford Motor, Sallie Mae, and Waste Management are among the dozens scheduled on Wednesday. American Airlines, AstraZeneca, Comcast, Dow, Merck, Valero Energy, Microsoft, Boston Beer Co., Fair Isaac, Robert Half, and Exxon Mobil will have calls later this week.

Michael J. Quaranta

President

Delaware State Chamber of Commerce

Uniquely Delaware

4 Ways to Celebrate Earth Day in Delaware

Explore the Delaware Outdoor Trail: Watch the sunrise over the ocean as you explore sandy trails or bike your way through the Amish countryside. Explore more than 40 statewide locations >

Discover the Delaware State Parks: From Earth Day hikes and statewide celebrations to the coast-to-coast clean up at Delaware Seashore State Park, unplug and explore the Delaware State Parks >

Stroll through beautiful Delaware gardens: Celebrate Earth Day with a stroll through one of Delaware’s scenic gardens. Be immersed in the naturalistic gardens of Mt. Cuba Center, explore the scenic meadows and spring blooms at Winterthur Museum, Garden & Library, or visit the Lavender Fields in Milton. Explore spring in Delaware >

Celebrate the history: The echoes of a rich past reverberate through centuries at the unique and timeless locations along the Delaware History Trail. Regal homes, beaches still proudly beaming the courage of those who once left footprints in its sands, hidden gems and more await to be explored. The Delaware History Trail is an interactive trail that spotlights 30 culturally significant locations throughout the state of Delaware >

Founded in 1964 as a state affiliate for the National Wildlife Federation, Delaware Nature Society’s mission is to connect people with the natural world to improve the environment through education, conservation, and advocacy.

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