The findings in this research report demonstrate opportunities for more strategic alliances, including third-party investments and partnerships. This is particularly true for smaller firms and startups as they try to keep pace with larger competitors in 2021 and beyond.
The COVID-19 pandemic has had overwhelming impacts on our economy, not to mention the impact on lives and personal wellness. The critical lack of medical equipment to treat and protect those affected highlights the over-reliance of United States manufacturing sector on overseas production. The offshoring issue extends beyond current pandemic concerns, however, reaching far larger and more permanent concerns over industrial supply chains, worker training and even national security.
The 2012 Edition of the Facts of Manufacturing is a collection of the key facts and figures that define the state of the U.S. manufacturing industry. The report provides 65 figures that show the importance of the manufacturing sector and challenges that our industry faces.