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Renewing U.S. Manufacturing: Promoting a High-Road Strategy

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Economic Policy Institute Briefing Paper – Renewing U.S. Manufacturing: Promoting a High-Road Strategy, by Susan Helper, February 13, 2008 (39 pages, PDF).

  • “Over the last decade, the United States lost manufacturing jobs at a stunning rate: 16% of its manufacturing jobs disappeared in just the three years between 2000 and 2003, with a further decline of almost 4% between then and now. This had been some of the best paying
    work in the country. The average manufacturing worker earns a weekly wage of $725, 20% higher than the national average. This dramatic loss of high-paying manufacturing jobs is not inevitable. America can save many of these jobs with “high-road” policies that harness the knowledge of all of a firm’s stakeholders to create a highly productive, high-wage economy. As the case of the Sharp plant above
    suggests, the nation can accomplish this turnaround in
    ways that also help meet critical national goals, such as environmental sustainability.”
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