Strategy for American Leadership in Advanced Manufacturing
| Author | : Executive Office of the President of the United States |
| Publisher | : |
| Total Pages | : 40 |
| Release | : 2018-10-02 |
| Genre | : |
| ISBN | : 9781688665347 |
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The United States has long thrived on its ability to manufacture goods and sell them in domestic and global markets. Manufacturing plays a vital role in almost every sector of the U.S. economy, stretching from aerospace to pharmaceuticals and beyond. Advanced manufacturing--which includes both new manufacturing methods and production of new products enabled by innovation--is an engine of America's economic power and a pillar of its national security. Advances in manufacturing enable the economy to continuously improve as new technologies and innovations increase productivity, enable new products, and create entirely new industries.Advances in manufacturing played a major role in America's global economic dominance in the 20th century. However, this century saw dramatic changes, with significant declines in U.S. manufacturing employment starting in the 1990s and accelerating losses during the 2008 recession. In the face of intense global competition, the Trump Administration has taken strong actions to defend the economy, expand manufacturing employment, and ensure a strong manufacturing and defense industrial base and resilient supply chain. Strong actions are required to combat unfair global trade practices and help U.S. manufacturers reach their full market potential. Although manufacturing employment remains below its pre-recession level, manufacturing jobs still account for 8.5 percent of the workforce, and nearly 350,000 manufacturing jobs have been created since President Trump took office. This strategic plan was developed by the National Science and Technology Council, Committee on Technology, Subcommittee on Advanced Manufacturing following extensive public outreach.
