A new study by the MAPI Foundation, Productivity Dynamics in U.S. Manufacturing, analyzes productivity growth in a range of manufacturing subsectors over the past 25 years and provides compelling statistical evidence on the importance that capital investment and educated labor have on productivity performance.

 

Following is an analysis from Daniel J. Meckstroth, Ph.D., vice president and chief economist for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the February 2016 Institute for Supply Management report.    

Following is an analysis from Cliff Waldman, director of economic studies for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the January 2016 durable goods report.    

New research by MAPI Foundation Chief Economist Dan Meckstroth, using analysis of national input–output tables by Interindustry Forecasting (Inforum) at the University of Maryland, shows that two measures commonly used by the government to quantify manufacturing’s overall footprint significantly underestimate the impact of the factory sector. 

The U.S. manufactures trade picture continued to dim in 2015, especially when compared with China, causing significant job decreases, according to an analysis from the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation.

Following is an analysis from Daniel J. Meckstroth, Ph.D., vice president and chief economist for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the January 2016 industrial production report.    

Americans are surrounded by manufactured goods at home and work— so how can the manufacturing sector represent only 11% of GDP? The explanation is that it doesn’t. MAPI Foundation research examining the full value chain reveals that manufacturing accounts for 32% of GDP. We also find that the manufacturing multiplier is almost three times as high as official data suggest.

Having lived through the East Coast blizzard of late January, I can believe that it had any number of impacts. But it was clearly not responsible for the slower job growth, of only 151,000, that was seen in January. The reference peri

The following is a note in advance of a full report on the 2015 U.S. and China trade statistics from Ernie Preeg, Ph.D., senior advisor for internatiional trade and finance for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Producticity and Innovation. 

... Well, they talked, and talked, and talked. I was your correspondent at the annual conference of the American Economic Association in San Francisco a few weeks ago. Just for you, here are selective points of debate summarized conveniently in two paragraphs.