Maybe U.S. Manufacturing Isn't As Bad As We Thought...
Louis Hyman, an American writer, economic historian, and old college friend of mine, recently shared an interesting report from the Congressional Research Service on the state of U.S. manufacturing.
It's notable for some counter-intuitive results. Here's the high level findings:
What's most interesting about this is that the Congressional Research Service is non-partisan and is an excellent source of deep research reports. It looks like the U.S. is still a manufacturing power house with deep investment in R&D. Hard to believe with all the doom and gloom you hear about manufacturing in the U.S.