Take a sneak peek at the new NIST.gov and let us know what you think!
(Please note: some content may not be complete on the beta site.).

View the beta site
NIST logo
Find your Local MEP Center

Follow NIST MEP
Facebook Twitter LinkedIn Manufacaturing Innovation Blog YouTube RSS Feed 

  govdelivery bubble icon
Contact

General Information:
301-975-5020
mfg@nist.gov

100 Bureau Drive, M/S 4800
Gaithersburg, MD 20899-4800

*
Bookmark and Share

capital
  Data and Reports

Capital and Cost

Research and Reports Main Page

Access to capital, both human and financial, and its importance to the success of the manufacturing industry along with discussions of methods to minimize structural costs


Featured Reports:

Building a Nation of Makers:  Six Ideas to Accelerate the Innovative Capacity of America's Manufacturing SMEswhitelineBuilding a Nation of Makers:  Six Ideas to Accelerate the Innovative Capacity of America's Manufacturing SMEs
June 2014
Categories: Current State of Manufacturing, Innovation, Capital and Cost, Education and Workforce

This report offers innovative, non-partisan, actionable ideas on how to create middle-class manufacturing jobs.  The focus of this report is on six ideas on how to accelerate the innovative capacity of American manufacturing’s small and medium-sized enterprises (SMEs). Ideas include providing a more flexible education system, certification programs, and access to financing and technology.

 

Manufacturing whiteline
Manufacturing and Logistics 2012 National Report
June 2012
Categories: Innovation, Capital and Cost, Global Competitiveness, Education and Workforce, Productivity

State by state grades on areas such as productivity and innovation, human capital, global costs, diversification, venture capital, manufacturing, and logistics.

 

 


Productivity Dynamics in U.S. Manufacturing: An Industry-Based Analysis - March 2016
This paper is the first in a series of MAPI Foundation studies whose goal is to shed light on productivity dynamics in the manufacturing sector from the perspective of questions that are unique to the present-day economic and technological climate. The current study makes use of an expanding dataset on productivity growth in detailed manufacturing industries to analyze the industry pattern of the U.S. manufacturing productivity evolution. The results of a dynamic ranking analysis of manufacturing subsector productivity performance, and performance along a number of variables that are known to impact productivity, are first discussed. This is followed by a presentation of the results of estimating one-equation models designed to identify key drivers of multifactor productivity growth and labor productivity growth in select manufacturing subsectors. Finally, modest statistical evidence is offered to support the hypothesis of cross-industry impacts of productivity determination.  The results suggest an uncertain outlook for U.S. manufacturing productivity performance in the wake of a sharp deceleration in the growth of labor productivity in the computer and electronic products subsector, which has played an outsized role in total manufacturing productivity strength. Findings point to the need for a program that stimulates capital investment, innovation investment, and workforce human capital in a unified approach for enhancing U.S. manufacturing productivity performance during this period of global integration and disruptive technological advancement. Categories: Current State of Manufacturing, Capital and Cost, Education and Workforce, Productivity

The Manufacturing Value Chain Is Much Bigger Than You Think! - February 2016
The MAPI Foundation finds that manufacturing’s footprint is much larger than merely the value-added at the factory loading dock. Manufacturing plant activities lie near the center of a substantial and complex value chain that is composed of an upstream supply chain that gathers materials and services and a downstream sales chain that moves goods to market and sells and services goods. Manufactured goods are also intermediate inputs in nonmanufacturing industries’ supply chains.  The MAPI Foundation discusses their major findings in this paper. Categories: Current State of Manufacturing, Capital and Cost, Education and Workforce, Supply Chain

3D Printing and the New Shape of Industrial Manufacturing - June 2014
Surely, the potential of 3D printing (3DP) has captured the popular imagination.  From jet engine parts to made-to-fit bikinis, the technology is being hailed as a revolution in how products are manufactured.  According to estimates, the global 3DP printer market is poised to hit $6 billion by 2017 from $2.2 billion in 2012, with global shipments of printers costing less than $100,000 expected to reach about 98,000 in 2014, roughly twice as many as 2013.  But in the heartland of US industrial manufacturing, 3DP appears more on an evolutionary track, as companies large and small shape 3DP programs—and as 3DP printers, software and materials science advance.  To get a clearer picture, PwC surveyed over 100 industrial manufacturers, from small contract manufacturers to multinationals.  Based on this survey, interviews with industry leaders and a PwC analysis surrounding the economics of 3DP, this report explores how and why companies are bringing this technology closer to an effective tipping point of adoption. Categories: Current State of Manufacturing, Innovation, Capital and Cost, Productivity, Supply Chain

The New Hire: How a New Generation of Robots is Transforming Manufacturing - September 2014
To get a better grasp on how US manufacturers are enlisting robots in their production lines—and future plans—PwC carried out a survey of 120 manufacturers. They found that while the majority of respondents have already adopted robotics technology, there still exists real barriers for those which have yet to do so, citing limitations such as cost, the lack of perceived need, and expertise and skills needed to properly exploit them. Categories: Innovation, Capital and Cost, Education and Workforce, Productivity

Shale Gas:  A Game Changer for U.S. Manufacturing - July 2014
A country is only as strong as its capacity to build. Managed properly, the availability of low-cost shale gas could catalyze a renaissance in U.S. manufacturing, revitalizing the chemical industry and enhancing the global competitiveness of energy-intensive manufacturing sectors such as aluminum, steel, paper, glass, and food. This report summarizes and expands upon the University of Michigan-sponsored daylong Symposium “Shale Gas: A Game- Changer for American Manufacturing,” held on March 28, 2014 at the National Press Club in Washington, D.C. The Symposium’s purpose: to explore how the shale gas boom can be used to the best advantage of U.S. manufacturing. Categories: Current State of Manufacturing, Innovation, Capital and Cost, Federal and Industry Collaboration, Education and Workforce, Regulatory and Policy Recommendations, Sustainability

MAKING IN AMERICA: U.S. Manufacturing Entrepreneurship and Innovation - June 2014
The White House report, Making in America: U.S. Manufacturing Entrepreneurship and Innovation, demonstrates how new game-changing technologies are reducing the cost, increasing the speed, and making it easier for entrepreneurs and manufacturers to translate new ideas into products Made in America.  These new technologies are already having an impact, with the growth rate in manufacturing entrepreneurship at its fastest pace in over 20 years. Categories: Current State of Manufacturing, Innovation, Capital and Cost, Global Competitiveness, Education and Workforce

The Role of Exports in the United States Economy - May 2014
In his 2010 State of the Union Address, President Obama announced the National Export Initiative (NEI) as part of a government-wide strategy to promote exports. During the ensuing years, as the U.S. recovered from the economic downturn in the “Great Recession,” the growth in U.S. exports has been one of the major success stories in the U.S. economy. Since 2009, exports have helped pull the U.S. economy out of the devastating recession that occurred between 2007 and 2009. Exports have contributed more to the growth of gross domestic product (GDP) in this recovery than in the previous recovery; have helped support millions of high-paying jobs in the U.S.; and have been responsible for major contributions to the economic performance of many states and metropolitan areas. Moving forward, exports will continue to make important contributions to the U.S. economy and the NEI/NEXT is structured to do more to help U.S. manufacturers, farmers, workers and innovators sell Made-in-America products and services world-wide to the benefit of our economy. Categories: Capital and Cost, Global Competitiveness, Education and Workforce, Regulatory and Policy Recommendations,Productivity

2014 Global R&D Funding Forecast - December 2013
While R&D funding isn’t the sole indicator of how a nation, region or industry will perform, it certainly is a fundamental consideration among other factors like science, technology, engineering and mathematics education levels, capital markets, healthcare, infrastructure, property rights and immigration policy. Each section of this report forecasts research and development levels for 2014, closely examining the expected funding for a region or industry. There are many important projections and key findings for each country and industry under discussion. Categories: Capital and Cost, InnovationGlobal Competitiveness, Education and Workforce

The Emerging U.S. Rail Industry: Opportunities to support American manufacturing and spur regional development - November 2013
A number of factors have come together to heighten the importance of rail transit to the U. S. economy. These same factors present new opportunities for domestic manufacturers of rail cars and equipment to benefit, however, historical and structural barriers to seizing these opportunities exist. This paper explores each of these areas in detail and makes recommendations to policy makers on how they might best support a strong and growing domestic supply chain for the rail transit industry. Categories: Capital and Cost, Innovation, Global Competitiveness, Education and Workforce, Supply Chain

New Report: Foreign Direct Investment In the United States - October 2013
The United States has been the world’s largest recipient of foreign direct investment (FDI) since 2006. Every day, foreign companies establish new operations in the United States or provide additional capital to established businesses. With the world’s largest consumer market, skilled and productive workers, a highly innovative environment, appropriate legal protections, a predictable regulatory environment, and a growing energy sector, the United States offers an attractive investment climate for firms across the globe. Categories: Capital and Cost, Innovation, Global Competitiveness, Supply Chain

Sparking Economic Growth 2.0: Companies Created from Federally Funded University Research, Fueling American Innovation and Economic Growth - October 2013
This report focuses on how federal investment in basic scientific research stimulates the economy, specifically by creating companies. The report discusses how federal funding for this type of scientific research is in jeopardy and is on a downward trend. The report also emphasizes the importance of innovation. It references a link to a database with the profile of the companies from the report. Categories: Capital and Cost, Current State of Manufacturing, Innovation

Advanced Manufacturing in the American South: An Economic Analysis Supporting Regional Development - September 2013
This report focuses on both the economic and policy analysis associated with advanced manufacturing. The following key conclusions emerge regarding state policy and advanced manufacturing: States play a central role in promoting economic development and industrialization; This is a new era of industrial development for the SGA states; State policy in support of the advanced manufacturing sector must be carefully coordinated with other public and private entities that seek to promote economic development in order to maximize returns for state residents and the business community; A strategy for fostering the growth of advanced manufacturing should be based on carefully developed strategic plans that build on SWOT assessments of state assets and needs and include quantifiable goals and objectives. Categories: Capital and Cost, Current State of Manufacturing, Global CompetitivenessEducation and Workforce, Regulatory and Policy Recommendations


Manufacturing Productivity, Through the Great Recession: What Does It Mean for the Future? - June 2013
Manufacturing has been one of the major bright spots in the economic recovery of the last few years, but this report notes that the importance of manufacturing to the economy is not uniform across the U.S. as manufacturing industries are concentrated in certain locations. This study examines county-level data to assess the importance of manufacturing in local economies throughout the U.S. and find that, although almost all states include some counties where manufacturing accounts for a significant share of jobs and earnings, such counties are concentrated in the Midwest and the South, are more likely to be outside metropolitan areas, and are relatively small. Categories: Capital and Cost, Innovation, Regulatory and Policy Recommendations, Productivity

Technology Transfer: Use of Federally Funded - December 2012
This paper focuses on technology transfer to the private sector, as well as to local and state governments, and the rationale for federal interest and involvement. Current federal efforts to promote technology transfer is also examined, as well as a look at the small business technology transfer program and patenting. At issue is whether incentives for technology transfer remain necessary, if additional legislative initiatives are needed to encourage increased technology transfer, or if the responsibility to use the available resources now rests with the private sector. Categories: Capital and Cost, Innovation, Regulatory and Policy Recommendations

Why America Needs A National Network for Manufacturing Innovation - December 2012
This paper discusses why America needs a National Network for Manufacturing Innovation. Part one of the paper makes the case for an innovation-centered national manufacturing policy. It lays out key challenges facing the U.S. manufacturing sector, advances reasons why the nation should care about manufacturing, and sets forth the rationale for an active federal role in fostering manufacturing innovation. Part two of the paper articulates five key principles that should govern the design of the NNMI. These principles include: focus on innovation challenges, support for the full innovation process, collaboration among academia, a bottom-up competitive process, managed by the federal government, and a private-public co-investment. Categories: Capital and Cost, Innovation, Regulatory and Policy Recommendations

Manufacturing and Logistics 2012 National Report - June 2012
State by state grades on areas such as productivity and Innovation, human capital, global costs, diversification, venture capital, manufacturing, and logistics. Categories: Capital and Cost, Innovation, Global Competitiveness, Education and Workforce, Productivity

Worse Than the Great Depression: What the Experts Are Missing About American Manufacturing Decline - March 2012
Debunks widely held myths about productivity gains, restructuring, and a manufacturing renaissance and reveals the stark reality of a historic decline in U.S. competitiveness and unprecedented deindustrialization. The report explains what the United States is experiencing is not merely another boom and bust cycle but a structural decline more akin to what Britain experienced in the 1960s and 1970s when it lost its industrial leadership. Categories: Capital and Cost, Global Competitiveness, Education and Workforce, Productivity

Make An American Manufacturing Movement - December 2011
The key challenges and solutions outlined in Make: An American Manufacturing Movement appear below: 1.    Challenge: Fueling Investments in the Innovation and Production Economy from Start-up to Scale-up  Solution: Enact fiscal reform, transform tax laws, regulations and other structural costs to spur investment, ramp up production, capitalize growth companies, and create skilled jobs  2.    Challenge: Expanding U.S. Exports, Reducing the Trade Deficit, Increasing Market Access and Responding to Foreign Governments Protecting Domestic Producers Solution: Create fair and open global markets for U.S. goods and services to reduce the trade deficit and increase exports as a percentage of GDP 3.    Challenge: Harnessing the Power and Potential of American Talent to Win the Future Skills Race Solution: Prepare the Next Generation of Innovators, Researchers and Highly-Skilled Workers. Categories: Current State of Manufacturing, Innovation, Capital and Cost, Global CompetitivenessEducation and Workforce

Growing Your Region’s Economy with Small Businesses and Entrepreneurs  - December 2011
NADO's publication highlights the innovative approaches being taken by five regional development organizations (RDO) in Colorado, Oregon, Texas, and Wisconsin to spur job growth through new business startups or existing business expansions. Categories: Innovation, Capital and Cost, Best Practice, Productivity

Riding the New Wave in Manufacturing to More Jobs and a Better Economy - November 2011
Time is of the essence. Because longer-term initiatives require sustained public support and political will, we need to demonstrate the potential of manufacturing to create jobs now. Over the longer term, however, the U.S. hold on manufacturing must rely not just on a tenuous advantage in factor costs, but on better quality control, customer responsiveness and inter-firm efficiency. Categories: Current State of Manufacturing, Innovation, Capital and Cost, Education and WorkforceProductivity

Connecting Small Manufacturers with the Capital Needed to Grow, Compete, and Succeed: Small Manufacturers Capital Access Inventory and Needs Assessment Report - November 2011
The report notes that the scarcity of available capital and credit is particularly impactful on the manufacturing sector, which is very capital intensive and often requires the financing of Just-in Time inventories and receivables over longer periods than other sectors of the economy. Categories: Capital and Cost, Global Competitiveness

Made in America Again, Why Manufacturing Will Return to the U.S. - August 2011
China's overwhelming manufacturing cost advantage over the U.S. is shrinking fast.  Within five years, a Boston Consultanting Group analysis concludes, rising Chinese wages, higher U.S. productivity, a weaker dollar, and other factors will virtually close the cost gap between the U.S. and China for many goods consumed in North America. Categories: Current State of Manufacturing, Capital and Cost, Global Competitiveness

Who Creates Jobs? Small vs. Large vs. Young*- August 2011 There’s been a long, sometimes heated, debate on the role of firm size in employment growth. Despite skepticism in the academic community, the notion that growth is negatively related to firm size remains appealing to policymakers and small business advocates. The widespread and repeated claim from this community is that most new jobs are created by small businesses. Using data from the Census Bureau Business Dynamics Statistics and Longitudinal Business Database, this report explores the many issues regarding the role of firm size and growth that have been at the core of this ongoing debate (such as the role of regression to the mean). The study finds that the relationship between firm size and employment growth is sensitive to these issues. However, their main finding is that once they control for firm age there is no systematic relationship between firm size and growth. The findings highlight the important role of business startups and young businesses in U.S. job creation. Business startups contribute substantially to both gross and net job creation. In addition, the study finds an “up or out” dynamic of young firms. These findings imply that it is critical to control for and understand the role of firm age in explaining U.S. job creation. Categories: Capital and Cost, Innovation, Education and Workforce

Growth Through Innovation:  Building a Long-Term Strategy for Growth through Innovation - May 2011
History has amply demonstrated that innovation in the public and private sectors is the most important key to long-term U.S. prosperity and economic competitiveness. Yet in the United States today, innovation is at risk of stalling just at a time when rising international competition is on the upswing and the U.S. economy is still reeling from a deep recession.  Priorities for action start with turning three deficits—budget, investment/savings and trade—into surpluses.  This will require action by the public sector—to provide tax credits for innovation and more forward-thinking trade policies, for example—and the private sector, including businesses, universities and private research firms that reward education and job skills. Categories: Innovation, Capital and Cost, Global CompetitivenessEducation and Workforce, Regulatory and Policy Recommendations


The Manufacturing Mandate: A National Manufacturing Strategy to Help Rebuild and Strengthen the U.S. Manufacturing Sector - August 2010
Quick and easy read provides a consensus scan of trade associations that focuses on: Incentivize innovation and R&D; assure availability of capital; increase global competitiveness; minimize structural cost burdens; enhance collaboration; “smartforce” for talent. Categories: Capital and Cost, Innovation, Global Competitiveness, Education and Workforce, Regulatory and Policy Recommendations

Manufacturing Resurgence- A Must for US Prosperity - January 2010
Scans the variety of challenges and strategy options from a trade association perspective. Categories: Capital and Cost, Global Competitiveness, Regulatory and Policy Recommendations, Productivity