Germany's Secret to Staving off the Eurocrisis? Manufacturing.

The Christian Science Monitor
Rob Atkinson, president of the Information Technology and Innovation Foundation, a leading think tank in Washington, says the strong health of Germany’s Mittelstand results from Germany’s deeply-rooted "engineering culture."

Advanced Technologies and the U.S. Manufacturing Renaissance

October 23, 2012
| Presentations

ITIF president Rob Atkinson will moderate a Microsoft Conversation on U.S. manufacturing on October 23, 2012. In an election cycle marked by many divisive issues, both parties have identified the creation of jobs in the manufacturing sector as key to America’s economic success. Policy makers and industry leaders are looking with optimism to the potential for a “manufacturing renaissance” to strengthen American growth and competitiveness.

Bold Plan Needed to Revive American Industry

Dayton Daily News
Robert Atkinson, the founder and president of the Information Technology and Innovation Foundation think-tank, warns the U.S. is headed for British-style industrial decline without a new and strategic global approach.

A Wake-Up Call on National Manufacturing Day

WASHINGTON (October 5, 2012) - ITIF is celebrating National Manufacturing Day today, but unfortunately, there is actually not much to celebrate.

Despite all the recent optimism about a U.S. manufacturing rebound, the reality is manufacturing is a critical sector of our economy that has yet to regain its competitive strength. Read more »

It’s National Manufacturing Day!

October 5, 2012
| Blogs & Op-eds

October 5, 2012 is National Manufacturing Day. The day is being marked with events around the country highlighting the importance of manufacturing to the U.S. economy and celebrating innovations in fields ranging from aerospace and automobiles to nanotechnology and medical devices.

Time for a Manufacturing Debate Based on Facts, Not Opinion

October 5, 2012
| Blogs & Op-eds

From 1960 to 1982, manufacturing remained America’s largest employer, and as late as 2000 the third-largest employer. It wasn’t until the 2000s that U.S. manufacturing employment really went into a nose dive, with one out of every three jobs being eliminated. Yet, virtually all economists and pundits attribute this massive decline to superior productivity performance, arguing that as manufacturing became more productive, fewer workers were needed to produce more. In this narrative, all is well.It is disturbing to say the least that on perhaps the single most important question related to the health of the U.S. economy – how healthy is U.S. manufacturing? – the consensus view is so utterly wrong. And because it is so wrong it is lulling the public and policymakers into a sense of complacency and leading policymakers down the wrong road.

Winning the Race 2012 Memos: Traded Sector Industries

October 1, 2012
| Reports

It will be difficult for America to enjoy robust economic growth if its globally traded sector industries (e.g., manufacturing, software and Internet, motion pictures and music, etc.) are not competitive. Unfortunately, America’s traded industries have lost competitive advantage. In the 2000s, the United States lost a greater share of manufacturing jobs than in the Great Depression and more than 60 percent of the losses stemmed from declining global competitiveness. In fact, from 1990 to today, the United States has achieved virtually no net growth in traded sector jobs. Meanwhile, our rank on most global innovation indicators has fallen, in some cases significantly.

While both parties talk about the importance of traded sectors, they diverge sharply on how to strengthen it. As a general rule, Republicans focus more on reducing taxes and regulations, while Democrats favor public investments in science, technology, education, and training. The next administration needs to make traded sector competitiveness a top priority and not only would reduce taxes and streamline regulatory burdens but also push for significant increases in public investments in technology and skills.

ITIF Report Details 50 Policies to Improve U.S. Manufacturing Competitiveness

Industry Week
Recommendations include creation of ‘manufacturing universities,’ lower tax rates and more funding for trade agencies.

ITIF Disputes Boston Consulting Group (BCG) Report that U.S. Set for Industrial Revival

September 21, 2012
| Blogs & Op-eds

BCG is correct that the United States can become an industrial powerhouse again, but they are wrong that market forces acting alone will produce such a result. Rather, as ITIF explains in Innovation Economics: The Race for Global Advantage and reports like A National Traded Sector Competitiveness Strategy,it will take a coordinated set of policies around the “4Ts” of Technology, Tax, Trade, and Talent to power sustained American industrial renewal. U.S. manufacturing simply won’t be globally competitive if we continue to impose the world’s third-highest corporate tax on manufacturers, permit continued foreign mercantilism through currency and standards manipulation or IP theft, and fail to address skills, education, and immigration challenges. 

Fifty Ways to Leave Your Competitiveness Woes Behind: A National Traded Sector Competitiveness Strategy

September 20, 2012 - 9:00am - 10:30am
Russell Senate Office Building
Constitution Avenue and 1st Street, NE
Room 485 (Russell Rotunda Door Entrance)

For the U.S. economy to thrive, its traded sectors, especially advanced manufacturing, must be globally competitive. Unfortunately, the opposite is true: the United States has seen virtually no growth in traded sector jobs since 1990 and has watched manufacturing output (when measured properly) fall by 11 percent over the past decade. Read more »

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