"Hollowing Out" in U.S. Manufacturing: Analysis and Issues for Congress

Levinson, Marc

Library of Congress. Congressional Research Service.

关键词: Manufacturing industries;    Business;    Industrial production;    Government and business;    Industrial policy;   

RP-ID  :  R41712
RP-ID  :  R41712_2013Apr15

美国|英语

来源: UNT Digital Library

【 摘 要 】

Statistics showing that domestic value added represents a diminishing share of the value of U.S. factory output have been interpreted by many analysts as indicating that manufacturing is "hollowing out" as U.S. manufacturers undertake more highvalue work abroad. Economic data have been slow to take note of this development, which raises the question of whether the United States will continue to generate highly skilled, high-wage jobs related to advanced manufacturing. This report discusses economic evidence related to the "hollowing out" thesis with respect to the manufacturing sector. It then considers the policy implications of the debate.