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U.S. Expected to Surpass China in Manufacturing Competitiveness by 2020
The United States is expected to overtake China as the most competitive nation for manufacturing over the next few years, according to a recent survey of manufacturing executives.
Deloitte's 2016 Global Manufacturing Competitiveness Index showed that U.S. manufacturing competitiveness rose from fourth in the world in 2010 to second this year — and that it's expected to assume the top spot by 2020.
Although the report was optimistic about the U.S. manufacturing sector, analysts warned that the country would need to maintain its investments in education and technology in order to sustain its success. (If Republicans get back into power, that's not gonna happen. They hate education and technology.)
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If Republicans get voted into office, they will take credit for this.
The United States is expected to overtake China as the most competitive nation for manufacturing over the next few years, according to a recent survey of manufacturing executives.
Deloitte's 2016 Global Manufacturing Competitiveness Index showed that U.S. manufacturing competitiveness rose from fourth in the world in 2010 to second this year — and that it's expected to assume the top spot by 2020.
Although the report was optimistic about the U.S. manufacturing sector, analysts warned that the country would need to maintain its investments in education and technology in order to sustain its success. (If Republicans get back into power, that's not gonna happen. They hate education and technology.)
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If Republicans get voted into office, they will take credit for this.