Made in America: The Bad News and the Good Bad News

Courtesy of The New York Times. By Steven Rattner

A couple of weeks ago, I was honored to be invited to present my thoughts on the state of manufacturing in America to the Senate Democratic Steering and Outreach Committee, headed by Amy Klobuchar of Minnesota.

The thrust of my message was that, regrettably, we should be leery of proclamations of a renaissance of “Made in America.” Job growth in the industrial sector continues to be anemic and at least equally important, wage improvements have been marginal.

Below are nine charts that I presented to illustrate the situation. I closed with a list of suggestions — no magic bullets — for how to maximize the performance of our manufacturing sector. For the charts whose takeaway is not self-evident, I’ve provided some brief commentary.

Read more here.

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