Outlaw Productivity Gains?
2011 manufacturing output grew by 11%, to nearly $5 trillion. Were our manufacturing sector considered a nation with its own gross domestic product, it would be the world's fourth-richest economy. Manufacturing productivity has doubled since 1987, and manufacturing output has risen by one-half. Over the past two decades, however, manufacturing employment has fallen about 25%. For some people, that means our manufacturing sector is sick.
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