The manufacturing industry is a key proponent of growth for the global economy. Not only does it contribute heavily to the GDP but also fuels other related industries by creating job opportunities.
That’s not quite what celebrated economist Paul Krugman said on a recent episode of Wall Street Week. But he did draw a connection between Denmark’s Value-Added Tax on imports, President Trump’s ...
U.S. manufacturing has not declined but evolved, with industry shifting toward high-value, globally integrated production and control over international supply chains. Despite a drop in domestic ...
Total manufacturing value added in 2021: $443.9 India recently became the most populated country in the world, overtaking China. While income inequality rages unchecked in the country, its economy has ...
World manufacturing value added rose by 3.6 per cent in 2018, slightly lower than the 3.8 per cent recorded in the previous year. The slowdown is mainly attributed to emerging trade and tariff ...
President Donald Trump is wrong about the causes of the United States’ trade deficit. He is wrong that the U.S. is no longer a manufacturing powerhouse. He is wrong about economic history. He is wrong ...
The plastics manufacturing sector continues to demonstrate remarkable economic resilience, posting positive growth while overall US manufacturing has declined over the past quarter-century, according ...
A loss of manufacturing jobs and a declining share of manufacturing in affluent western economies, both real and painful, have etched a deep impression in public perception that manufacturing in the ...
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