US Manufacturing Industry: How to Improve Scalability and Compete in Future

US Manufacturing Industry: How to Improve Scalability and Compete in Future

US Manufacturing Industry: How to Improve Scalability and Compete in Future

The US manufacturing industry is quite different from what it was probably a decade or two ago. The erosion of American manufacturing companies has contributed to approximately two-thirds of the fall in labor share of US GDP. This is primarily due to the fact that the output growth in the US manufacturing industry has been [...]

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