The House Manufacturing Caucus invites you to the briefing "Making It in America: Revitalizing US Manufacturing." Experts Katy George, Sree Ramaswamy, and Jason Phillips will discuss the findings of groundbreaking research on how the United States can position its manufacturing sector to compete in the future.
Date: Tuesday, December 11, 2018
Time: 2:00 p.m.
Place: Rm. 122, Cannon House Office Building
RSVP to MGIevents@mckinsey.com
The decline of US manufacturing is real, and it has been borne disproportionately by small and midsize firms in the domestic supply chain. The erosion of manufacturing has contributed two-thirds to the fall in labor’s share of US GDP, and affected workers and communities across the country. But the decline is not inevitable, nor is it solely due to technology or globalization. Some of the headwinds are abating, and there are new opportunities in demand growth, business models, and technology that can raise US manufacturing output and productivity over the next decade. Capturing these opportunities is a matter of national priority. But it will require turning around two decades of neglect. Doing so requires that we move beyond the multitude of small-scale initiatives to focus on coordinated action and long-term investment on a much larger scale than we do today.