Manufacturing ‘resurgence’ possible with accelerated effort

MAPI, Aspen Institute report says ‘disciplined’ approach needed to address tax, energy, export and Skills Gap issues

04/01/2013


A new report release by The Aspen Institute and the Manufacturers Alliance for Productivity and Innovation (MAPI) last week says that an acceleration of policy changes already in place could lead to a “manufacturing resurgence” that would drive manufacturing’s portion of the GDP to level not seen since the end of the 20th century.

The report looked at key issues that most manufacturing experts agree are the key to continued growth in the manufacturing sector: a balancing of export and import policies, greater capital investments in manufacturing, a comprehensive energy policy, addressing the shortfalls in the tax and regulatory issues affecting manufacturing and addressing the Skills Gap in manufacturing. The report said a more concerted effort is needed in all those areas, but that the effort could grow the manufacturing share of GDP from its current level of 11.5% to 15%, a level last achieved in 1998.

 “The robust results presented in the study are achievable with only modest acceleration of current trends, and none of the policy recommendations mark a radical departure from current policy trajectories,” said Thomas J. Duesterberg, author of the report and the executive director of The Aspen Institute’s Manufacturing and Society program. “But they require a willingness to change in a disciplined way.”

 “With no changes in public policy the manufacturing base will continue to shrink as a share of GDP as it has for the past decade,” added Stephen Gold, MAPI president and CEO. “With just a few policy shifts, however, manufacturing in America can experience a resurgence that will ensure new innovation, increased productivity, more jobs, and a rise in living standards on our shores.”

If those policy changes are accelerated, the report cited the following benefits:

  • Manufacturing jobs would grow by 300,000 a year, or 3.7 million jobs by 2025.
  • The U.S. trade deficit would completely reverse course, from a current $500 billion deficit to a $700 billion surplus.

 “At a minimum, this forecasting exercise ought to lend some hope that we can indeed look ahead to a manufacturing resurgence and the sustainable economic gains that it brings, if we choose to follow this path,” Duesterberg said.

Manufacturing Resurgence



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.

(copy 5)

click me