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Global Competitiveness for U.S. Manufacturers

The United States produces the most goods and services in the world.U.S. manufacturing rebounded from the recession faster than the rest of the economy. The sector is highly profitable and continues to expand. And U.S. industrial wares remain globally competitive, as rising inbound foreign...
Cliff Waldman, Director of Economic Studies for the MAPI Foundation, reviews the current state as well as the outlook for a global economy in which a slowly broadening and strengthening U.S. economic rebound is sharply countered by weakness and instability through large parts of the world outside...
U.S. Trade Deficit in Manufactures Up 19% in the First Half of 2015, Chinese Surplus Rises by 14%Download PA-163 PowerPoint slides (For members only, login required.)The U.S. trade deficit in manufactures soared by 30% in the first quarter, inflated by weather and a West Coast dock strike, and then...
Need to Know . . .The OECD's BEPS Project calls for unprecedented transparency in reporting financial information and multinational companies need to pay close attention to developmentsCountry-by-country reporting would require companies to provide detailed financial reports that break down income...
The Internet of Things: Industrie 4.0 vs. the Industrial InternetNeed to Know . . .Industrie 4.0 strives to optimize production while the IIC’s research targets returns to any assetIndustrie 4.0 works on standardization whereas the IIC works on enabling platforms that might set future...
Fifty years ago, on a trip to China, the renowned Chicago economist Milton Friedman was shown some of the country's noteworthy public works programs in which hundreds of laborers were digging a canal with shovels. When he asked his hosts why they weren't relying on earth-moving equipment, the...
A rapid decline in U.S. export competitiveness for manufactures is having game-changing consequences for the international trade and financial systems. U.S. leadership capabil­ity has been reduced for pursuing a more open, nondiscriminatory trading system while trade relationships are shifting from...
It’s 2015 and there are still well-read individuals in our society—economists, business columnists, futurists—who think manufacturing doesn’t matter much anymore. Some point to manufacturing’s being 12% of the economy, down from 25% a half-century ago. Others theorize that in this information age, ...
An International Comparison of Pollution Abatement and Waste Management CostsThis study compares the costs of pollution control reduction faced by manufacturers in the U.S. and our largest trading partners in Europe, Latin America, and Asia. We analyzed the abatement costs for greenhouse gas...
Don Norman, director of economic studies at the MAPI Foundation, reviews the most recent manufacturing data on industrial activity. Indicators for industrial production, capacity utilization, orders for capital goods, and manufacturing employment paint a relatively positive picture. Manufacturing...

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