What are the new factors for manufacturing competitiveness?

2016 Global Manufacturing Competitiveness Index (GMCI) report shows a strong manufacturing sector creates a path toward economic prosperity.

The third edition of this study by Deloitte Touche Tohmatsu Limited and the Council on Competitiveness in the United States, the GMCI clearly shows the ongoing influence manufacturing has on driving global economies, from its influence on infrastructure development, job creation, and contribution to gross domestic product (GDP) on both an overall and per capita basis.

The most interesting finding is that the United States is expected to take over the current most competitive manufacturing nation, China, by the end of the decade, as the manufacturing industry increasingly applies more advanced and sophisticated product and process technologies and materials. The report discusses shifts in global manufacturing nations, the drivers of competitiveness, and the impact of public policy.

Read the report at www.deloitte.com/globalcompetitiveness


Categories: Economy/Markets

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