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Reports Shows U.S. Manufacturing Remains Strong

Tuesday, November 13, 2018
 
Manufacturing in the United States remains strong when compared to other global markets, , according to The Brookings Institution's “global manufacturing scorecard,” which considers key factors that include overall policies and regulations; tax policy; energy, transportation, and health costs; workforce quality; and infrastructure and innovation.

For the analysis, Brookings compiled data on 20 indicators and scored 19 leading nations on a 100-point scale. The countries analyzed included Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Netherlands, Poland, Russia, South Korea, Spain, Switzerland, Turkey, United Kingdom and the United States.

The top-ranked nations in overall manufacturing environment in Brookings 2018 scorecard were the United Kingdom and Switzerland (both with 78 points out of 100), followed by the United States (77), Japan (74) and Canada (74). Lower-scoring nations included Brazil (51 points), Indonesia (53), Mexico (56), Russia (56) and India (57).

The report also shows that when measured in terms of the percentage of its national output generated by manufacturing, China leads the pack in manufacturing output, while Poland has the highest percentage of its workforce employed in manufacturing, followed by Germany, Italy, Turkey, and South Korea.

https://businessfacilities.com/2018/11/manufacturing-industry-us-manufacturing-surging

 


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