Manufacturing’s true economic footprint is much larger than GDP and employment share statistics suggest, with total output accounting for up to 35% of GDP in 2015.
Manufacturing supports millions of jobs indirectly.
Strong synergies exist between manufacturing and innovation, with manufacturing driving 60% of U.S. R&D and fostering technological advancements that benefit the entire economy.
Productivity growth in manufacturing has been a key driver of overall economic growth.
Policy failures that have contributed to the decline of valuable manufacturing industries, can be reversed with strategic reforms.
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