Is US Manufacturing Fundamentally Strong?
Many people think that the U.S. manufacturing sector is in a downward spiral and that it can no longer compete globally, but a recent Economic Synopses essay argues that is not the case. The authors—Kevin Kliesen, a business economist and research officer at the St. Louis Fed, and John Tatom, a fellow at the Institute for Applied Economics, Global Health and the Study of Business Enterprise at The Johns Hopkins University—examined trends in U.S. manufacturing and concluded that its slump is largely due to the performance of the U.S. economy overall. “We believe that U.S. manufacturing is fundamentally strong and that claims about ... (full story)
- Posted: May 17, 2018 8:52am
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