ShareThisNew Commerce Department report provides roadmap for strengthening U.S. competitiveness, touts importance of manufacturing
The U.S Department of Commerce (DOC) recently delivered a comprehensive report to Congress on “The Competitiveness and Innovative Capacity of the United States.” According to the DOC, the report “serves as a call to arms, highlighting bipartisan priorities to sustain and promote American innovation and economic competitiveness.”
The report examines several areas that are critically important to improving our competiveness including basic research, education, infrastructure, and most notably, manufacturing.
According to the report, the DOC recognizes "that a flourishing U.S. manufacturing sector is crucial to competitive strength, economic growth and job creation, as well as to sustaining a strong middle class."
The report also notes that manufacturing is the “biggest source of innovation in our economy” and that “Sixty-seven percent of all the business R&D in America is done by manufacturing companies.”
We couldn't agree more. Manufacturing and innovation go hand in hand, and without a strong manufacturing base, we stand to lose our competitive edge.
Click here to learn more about the report.
Click here to learn more about the report's focus on manufacturing.
Related recent Blogs
- BART will be Keeping it Made in America…but not Made in California • by aburke • 02/22/2012
- President Obama proposes revisions to taxes for domestic manufacturers; comment from the Alliance for American Manufacturing. • by scapozzola • 02/22/2012
- President Obama to cut top corporate tax rate to 25% for manufacturers • by aburke • 02/22/2012
- CNN: What is the future of U.S. manufacturing? A debate on Feb. 19, 2012 with Scott Paul, Alliance for American Manufacturing • by scapozzola • 02/21/2012
- CNN, Feb. 17, 2012: Scott Paul, Alliance for American Manufacturing (AAM), "What's needed to rebuild U.S. manufacturing?" • by scapozzola • 02/21/2012
- February 21, 2012 Headlines: Obama Tours Boeing Factory, Skilled Worker Shortage, Chinese Factory Explosion, and More • by smorgante • 02/21/2012
- Scott Paul, Executive Director, the Alliance for American Manufacturing (AAM): CNN International Interview • by scapozzola • 02/19/2012
- Obama feeling heat on China currency issue due to tough Romney stance • by scapozzola • 02/17/2012
- Obama to talk manufacturing at Washington State Boeing plant • by aburke • 02/17/2012
- Alliance for American Manufacturing (AAM) Executive Director Scott Paul to make two CNN appearances • by aburke • 02/17/2012
