Remembering My Difficult Work and How Are We Doing With Made in U.S.A: The Progress and Promise of US Manufacturing.
A nation that can design a revolutionary product but struggles to make enough of it at home faces a difficult question: what happens when the supply chain breaks? The pandemic exposed that vulnerability in the United States, as shortages of medical supplies, semiconductors and other goods disrupted businesses and households. Since then, rebuilding manufacturing has become a national priority. Factories have been announced, investment has risen and industrial policy has returned to the centre of economic debate. But how far has America come—and is it experiencing the revival it hopes for? The answer is encouraging, but incomplete. The United States remains a manufacturing powerhouse. It makes aircraft, medicines, machinery, vehicles, chemicals, electronics and countless other products. Yet factory employment is far below its historical peak, production growth remains modest, and investment has not automatically translated into a broad surge in jobs. The recent signs are positive. In Sep...