Global Competitiveness for U.S. Manufacturers
The current state of the U.S. labor market is generating a significant conversation about the availability of skilled talent especially in light of the manufacturing renaissance underway. The creation and implementation of a sustainable pipeline of talent is integral to both human capital and...
A U.S.-EU free trade agreement, with negotiations to begin later this year, will improve U.S. competitiveness in technology-intensive manufacturing industry, which accounts for 80 percent of U.S.-EU merchandise trade, as well as in related business services, which account for half of services trade...
Recently there's been a lot of talk about the "Industrial Internet," a term coined by GE to describe the network that harnesses the power of intelligent machines and big data to gain real-time insights into everything from production bottlenecks to pending maintenance issues. According to a recent...
The United States could, with just a little help from policymakers, experience a manufacturing renaissance in the next decade with profound effects on national living standards. That’s what a new joint study by MAPI and the Aspen Institute forecasts. On the other hand, if it’s business as usual...
MAPI and The Aspen Institute developed a new econometric forecast model showing that there is ample potential for U.S. manufacturing to undergo a resurgence that by 2025 would lead to significantly more good paying manufacturing jobs, add to GDP growth, and help create the first surplus in the...
The overall economy declined slightly in the fourth quarter of 2012, offsetting an above-average pace of growth in the previous quarter. Spending for inventories, government defense, and net exports all fell—reversing the growth in the third quarter—and offset the positive gains in consumer...
China has the largest manufacturing economy in the world, and it widened its lead over the United States in 2011. At its pace of growth over the decade ending in 2011, China’s manufacturing value-added measured in dollars doubled every four years. When making country comparisons, however,...
Background
At the most recent meeting of the MAPI Board of Trustees—just days before the 2012 U.S. election—a spokesperson from the Obama administration detailed the initiatives undertaken at the president’s direction during his first term to boost U.S. manufacturing. At the conclusion of these...
Single-minded attention on runaway plants, and for that matter their return to the United States, is misplaced. Relatively few plants are shut down in the United States by an owner who opens up an identical facility abroad and supplies the U.S. market with imports from the foreign affiliate. A...
In the early hours of 2013, Congress and the White House were able to avert an immediate fiscal crisis. The last-minute deal delayed deep, automatic spending cuts and did not address the debt ceiling, setting the stage for upcoming battles over spending and the deficit. The American Taxpayer Relief...