In the worst economic climate since the 1930s, and at a time of intensified political change, manufacturers are experiencing difficulties in articulating a clear and strong message about the health of their sector and how policy change might affect it. What follows are 10 summary points intended to convey an accurate picture regarding the current state of U.S. manufacturing and some of its key issues. These talking points barely scratch the surface; suggestions are provided for further reading on some crucial points1.
1. Despite perceptions that U.S. manufacturing is disappearing, the quantity of manufactured goods produced in the United States has kept pace with overall economic growth for the last 90 years. Since 1947, value added in manufacturing has grown sevenfold, the same as gross domestic product (GDP). While employment has steadily declined in the sector, one in six private sector jobs are still in or directly tied to manufacturing.
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