top of page
Search

McKinsey Institute: Building a more competitive manufacturing sector

Doug Berger

Effective transformation of the manufacturing sector could boost GDP by $275 billion to $460 billion and add 1.5 million jobs. If the United States can improve competitiveness in the 16 manufacturing industries listed, the direct and indirect effects could boost annual GDP by more than 15 percent . The multiplier effect would be felt across a far wider and more diverse geographic area than an equivalent GDP gain in tech or finance. Renewing the capital stock in these industries could get billions of dollars of investment flowing, setting off a virtuous cycle of increased economic activity in communities that sorely need it.



Recent Posts

See All

Comments


  • LinkedIn Group

©2021 by Industry Reimagined 2030. Proudly created with Wix.com

bottom of page