US Manufacturing Renaissance a Myth?

New Reports Suggest Tall Tale


Have we been letting a good story get in the way of the facts?

The “manufacturing renaissance” has been the central point in the return of America’s industrial power. It even has its own national council.

Yet here are the facts: the United States may have added only about one new manufacturing job in the last few years for every five that were lost during the financial crisis and the recession that followed...

...“A lot of people are desperate for positive economic news, so articles suggesting that there’s a revival of manufacturing get a lot of traction.”

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