The U.S. trade deficit in manufactures soared by 16% in 2015, resulting in a loss of 600,000 American manufacturing jobs. Sixty percent of the global deficit was with China, with U.S. manufactured imports from China 5.8 times larger than U.S. exports to China.
The MAPI Risk Management Council provides a forum for senior risk management leaders to share best practices in a vendor-free roundtable setting. Our semiannual meetings focus on dialogue among peers from leading manufacturers.
The MAPI Marketing Council provides a roundtable forum for senior marketing leaders to share best practices on issues such as voice of the customer, segmentation, marketing automation, B2B social media, and commercial excellence. Our semiannual meetings focus on roundtable dialogue among peers from leading B2B manufacturers.
The fall 2016 MAPI Engineering, Research, and Development Council (ERD) Meeting will be held on October 20-21 (Thursday-Friday) in Rosemont/Chicago, Illinois. The ERD Council provides a vendor-free forum for senior executives to share best practices.
The fall 2016 MAPI Manufacturing Council (MFG) Meeting will be held on September 22-23 (Thursday-Friday) in Denver, Colorado. The MFG Council provides a vendor-free forum for senior executives to share best practices.
Global Economy, Competitiveness, Government Policy, Economic Environment, Labor, Operations, Continuous Improvement, Productivity
Productivity growth in the computer and electronic products subsector, once the principal driver of productivity performance in the manufacturing sector, has experienced significant waning in recent years. Consequently, the U.S. manufacturing productivity outlook has become murky. This is a challenging trend for our society, because increased productivity growth helps lift living standards. The good news is that empirical evidence put forth in this paper shows that innovation and capital investment play a key role in accelerating multifactor productivity growth (i.e., output per unit of a combined set of inputs including labor, materials, and capital) in a wide range of manufacturing industries.