America’s Manufacturing Future: Hope or Hype?
NOVEMBER 2, 2018
In the United States, growing nationalist and protectionist sentiment rests on the hope manufacturing (and associated jobs) will return from overseas. He writes, “In building a case for an American manufacturing renaissance, economists cite increasing productivity, cheap natural gas, and rising value-added figures to show that manufacturing is in good shape and will get better. Some of these positivists also claim that rising labor costs in Asia and the creation of U.S.