European Parliament Library

United States :, Selected Issues

This Selected Issues paper on United States 2012 Article IV Consultation discusses rebound of manufacturing production. The U.S. share in global manufacturing production declined through most of the past three decades, but it has stabilized since the Great Recession. It currently represents about 20 percent of global manufacturing value added. Interestingly, after a sharp increase during most of the previous decade, China’s share in global manufacturing has also stabilized since the Great Recession, at a level similar to that of the United States. The notion of a manufacturing renaissance has been fuelled partly by the rebound in production since the end of the Great Recession
Table Of Contents
Cover; CONTENTS; THE U.S. MANUFACTURING RECOVERY: UPTICK OR RENAISSANCE?; A. Introduction; B. Stylized Facts; C. Drivers of U.S. Manufacturing in the Short Run; D. The Energy Boom-How Much of a Pull for U.S. Manufacturing?; E. Long-Term Impact of U.S. Manufacturing; F. Concluding Thoughts; References; FIGURES; 1. History of Manufacturing Production; 2. The Manufacturing Rebound and Natural Gas Production; 3. Manufacturing Production in G-7 Countries; TABLES; 1. Panel Regression Estimates for Total Manufacturing Production; 2. Panel Regression Estimates for Long-Term Manufacturing Model
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (83 p.)
Specific Material Designation
Form Of Item

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