September 2014
Intermediate to advanced
300 pages
6h 18m
English
Content preview from Saving American Manufacturing
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
Start your free trial

Findings, a History of Warnings, and Corrective Policy Actions
Observations and Findings
It has been claimed by some that U.S. manufacturing is doing fine and that the loss of employment is the result of rapid growth in productivity. For example, “manufacturing employment has fallen (since 2000) because of productivity growth, not a decline in output” (Morrison and Labonte 2008). In Chapter 6, however, the exact opposite was shown for a significant number of manufacturing industries—output and value of shipments have declined and led to reductions in employment. If a company is not making the products, it does not need the workers. In what might be termed the farming analogy, manufacturing is simply following the path of agriculture ...