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The health of American manufacturing has been a cause of real
concern during the 1980s. Foreign competition, hostile takeovers,
new technologies and a host of other factors have caused dramatic
changes in this key sector of the American economy. Many ob servers
of this process of change are singing the "rust belt blues,"
consigning U.S. manufacturing greatness to the history books. In
April 1986, the Center for the Study of American Business at
Washington University issued a study by its director, Dr. Murray L.
Weidenbaum, which challenged this perception of American manu
facturing's future. The report, entitled Learning to Compete,
pointed to a variety of positive developments resulting from the ad
versity faced by American firms in the first half of the decade:
pro ducers had improved quality and productivity, reduced costs,
and in creased emphasis on R&D. In November 1988, as a logical
extension of this research, the Center held a conference on
American Manufacturing in the 1990s. Focusing on American responses
to the changing global competitive environment, this conference
brought together the practical experi ence of business
professionals and the more detached views of aca demic and media
experts. In a day and a half of meetings, encompassing six separate
ses sions, a luncheon address and an after-dinner debate,
conference participants assembled an extensive profile on the state
of U.S."
The health of American manufacturing has been a cause of real
concern during the 1980s. Foreign competition, hostile takeovers,
new technologies and a host of other factors have caused dramatic
changes in this key sector of the American economy. Many ob servers
of this process of change are singing the "rust belt blues,"
consigning U.S. manufacturing greatness to the history books. In
April 1986, the Center for the Study of American Business at
Washington University issued a study by its director, Dr. Murray L.
Weidenbaum, which challenged this perception of American manu
facturing's future. The report, entitled Learning to Compete,
pointed to a variety of positive developments resulting from the ad
versity faced by American firms in the first half of the decade:
pro ducers had improved quality and productivity, reduced costs,
and in creased emphasis on R&D. In November 1988, as a logical
extension of this research, the Center held a conference on
American Manufacturing in the 1990s. Focusing on American responses
to the changing global competitive environment, this conference
brought together the practical experi ence of business
professionals and the more detached views of aca demic and media
experts. In a day and a half of meetings, encompassing six separate
ses sions, a luncheon address and an after-dinner debate,
conference participants assembled an extensive profile on the state
of U.S."
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