This book presents a detailed industry-by-industry analysis of
output and investment in American manufacturing. With imports
soaring and the international indebtedness of the United States
increasing, manufacturing has been the sector of the economy most
threatened by outside pressures. In a growing number of products,
domestic manufacture has ceased to be competitive, and in some
products where American technological competence should have
brought success, there are no American entries at all. The book's
major chapters deal with trends and changes, from 1967 onward, in
labor productivity, investment per employee, the location of
manufacturing establishments, and the role and impact of imports
and exports. In each case, general quantitative analysis is
followed by a detailed review of the problems with the products,
manufacturing processes, and markets of each industry, thus
providing not only an account of the industry's current state, but
an agenda for future change and improvement.
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