Ecosystems & Entrepreneurship
day one project

Restoring U.S. Leadership in Manufacturing

04.26.20 | 1 min read | Text by William B. Bonvillian

Summary

Manufacturing is a critical sector for American economic wellbeing. The value chains in the American economy that rely on manufactured goods account for 25% of employment, over 40% of gross domestic product, and almost 80% of research and development spending in the United States. Yet U.S. leadership in manufacturing is eroding, leaving a large part of our working class behind an ever-advancing, upper-middle class. To restore U.S. leadership in manufacturing and rebuild manufacturing as a route to quality jobs for Americans, the federal government should double down on advanced manufacturing nationwide. This proposal outlines a series of steps to leverage existing infrastructure and efforts with the Advanced Manufacturing Institutes to reboot U.S. manufacturing.