Manufacturing

Manufacturing and the U.S. Jobs Base: What’s Gone Wrong?

March 27, 2012
| Presentations

As part of the Second Annual Conference on the Renaissance of American Manufacturing, Rob Atkinson will be speaking on the panel "Manufacturing and the U.S. Jobs Base: What’s Gone Wrong?" on March 27, 2012 from 2:00-3:00 PM in the Holeman Lounge. 

When measured accurately, real manufacturing output declined by 11 percent in the last decade, at a time when the overall economy grew by more than 11 percent.

Manufacturing lost jobs because manufacturing lost output, and it lost output because its ability to compete in global markets-some manipulated by egregious foreign mercantilist policies, others supported by better national competitiveness policies, like lower corporate tax rates-declined significantly. In 2010, 13 of the 19 U.S. manufacturing sectors (employing 55 percent of manufacturing workers) were producing less than they there were in 2000 in terms of inflation-adjusted output. Overall, U.S. Read more »

Worse Than The Great Depression: What Experts Are Missing About Manufacturing Decline

March 21, 2012 - 9:00am - 10:30am
Information Technology and Innovation Foundation
1101 K Street NW
Suite 610A
Washington
DC
20005

Here’s an ugly and overlooked fact: Not only did America lose nearly six million manufacturing jobs in the last decade but the decline as a share of total manufacturing jobs (33 percent) exceeded the rate of loss in the Great Depression. Read more »

Worse Than the Great Depression: What the Experts Are Missing About American Manufacturing Decline

March 21, 2012
ITIF releases a comprehensive report that reveals the truth about the troubling state of U.S. manufacturing.

Here’s an ugly and overlooked fact: Not only did America lose nearly six million manufacturing jobs in the last decade but the decline as a share of total manufacturing jobs (33 percent) exceeded the rate of loss in the Great Depression. Despite this unprecedented negative performance, most economists, pundits and elected officials are remarkably blasé, largely because they attribute this job loss to superior productivity performance of U.S. manufacturers. Read more »

See video

U.S. Factory, Service Job Exodus Not Over

Reuters
ITIF notes U.S.-based manufacturers have shifted their capital equipment spending overseas over the past decade, a development that would drive continued migration.

Throwing Cold Water on the U.S. Manufacturing Rebound

CNN Money
An ITIF new report argues that recent headlines touting a nascent manufacturing renaissance belie a grimmer reality.

ITIF Report Details Decline in Output and Jobs; Exposes Flaws in Productivity Assumptions

The erosion of American manufacturing in the last decade has been far more severe than commonly recognized, with sharp declines not only in employment but also in output, according to a report released today by the Information Technology and Innovation Foundation. Read more »