Citation
(2011), "US still leads (but not by much)", International Journal of Productivity and Performance Management, Vol. 60 No. 2. https://doi.org/10.1108/ijppm.2011.07960bab.006
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited
US still leads (but not by much)
Article Type: News From: International Journal of Productivity and Performance Management, Volume 60, Issue 2
US manufacturing is now just 13 percent of gross domestic product and is a significantly smaller contributor to wealth than it used to be. In 13 G-20 countries manufacturing adds significantly more to GDP.
However, at $1.8 trillion, annual manufacturing output is still the largest in the world. It tops China’s $1.4 trillion, even though China’s manufacturing sector represents 32 percent of GDP.