Helping the Precision Machined Industry Adapt & Thrive

  • LOGIN
  • Login
  • My Profile
  • Join/Renew
  • News
  • Blog
  • Contact Us
  • Home
  • About PMPA
  • Membership & Benefits
    • How You Benefit
    • Member Testimonials
    • Membership Types, Dues, Join, Renew
    • Affinity Partners
      • Batteries Plus
      • Environ Energy – Formerly APPI Energy
      • Federated Insurance
      • Grainger
      • PartnerShip
  • Events & Education
    • Schedule
    • National Events
      • Management Update Conference
      • Annual Meeting
      • Mastery Program (one year program)
      • National Technical Conference
      • Precision Machining Technology Show (PMTS)
    • Local Events
    • Online Events
      • PMPA Webinars & NTC Sessions
      • PMPA Town Halls
  • For Members
    • ListServe Communities
    • Member Resources
    • Workforce Recruiting Resources
    • Fisher Phillips Legal Portal
    • Chapter Resources
      • Canada Chapter Resources
      • Connecticut Chapter Resources
      • Eastern New England Chapter Resources
      • Illinois Chapter Resources
      • Minnesota Chapter Resources
      • Northern Ohio Chapter Resources
      • Southeast Michigan Chapter Resources
      • Southern California Chapter Resources
      • Western Michigan Chapter Resources
      • Wisconsin Chapter Resources
    • PMPA INSIDER ALERT RESOURCES
    • Government Affairs
    • Presidents, Awards, Code of Reg, Guidelines
    • PMPA Member Map
    • PMPA Weekly Reports Archive
  • Knowledge Centers
    • By Topic
      • Business/Continuous Improvement Resources
      • Designer’s Guide
      • Engineering – Materials Resources
      • Human Resources / Workforce
      • Leadership Resources
      • Quality Resources
      • Regulatory Resources
      • Safety Resources
      • Shop Floor Operations Resources
    • By Format
      • Articles & Cribsheets
      • Craftsman’s Cribsheet Videos
      • Podcasts
      • PMPA Reports
      • Webinars
      • Speaking of Precision Blog
  • News
  • Careers
  • Facebook
  • Twitter
  • LinkedIn
  • Instagram
  • YouTube
  • BECOME A MEMBER

MEMBER LINKS

Schedule | Member Directory | ListServe Communities | Articles | Podcasts | Reports | Find-A-Supplier | Material & Equipment Exchange | Weekly Reports | Steel Translator | Webinars

Tag: Brazil Manufacturing Output

Guest Post: Manufacturing- Mark J. Perry

Posted on by

I wanted to write a post about how manufacturing in North America is still a vital part of our, and the world’s, economy. While I was looking for facts and data, I came across this gem of a blog authored by Dr. Mark  J. Perry, Professor of Finance and Business Economics at the  School of Business, University of Michigan- Flint, on his blog Carpe Diem.  He makes a great case.
 Enjoy!
mfgshare perry
  The chart above shows manufacturing output of selected countries and the BRIC countries, as a share of world manufacturing output in 2007, using United Nations data via the BLS (I haven’t been able yet to find comparable data for 2008). It’s interesting that U.S. factories produced almost twice as much output in 2007 as China, and the U.S. produced an amount equivalent to the total manufacturing output of the four BRIC countries combined (Brazil, Russia, India and China).
And as a Cato Study concluded in 2007, “Reports of the death of U.S. manufacturing have been greatly exaggerated.”
And as David Brooks wrote in 2008, “Instead of fleeing to Asia, U.S. manufacturing output is up over recent decades. As Thomas Duesterberg of Manufacturers Alliance/MAPI, a research firm, has pointed out, the U.S.’s share of global manufacturing output has actually increased slightly since 1980.”
According to the Federal Reserve data, the U.S. produced almost $3 trillion of industrial output in 2008, measured in 2000 dollars (or about $3.7 trillion in 2008 dollars). In other words, if the U.S. manufacturing sector had been counted as a separate country, it would have been tied with Germany as the world’s fourth largest economy, behind the U.S. (non-manufacturing), Japan, and China, and ahead of the entire economies of France, U.K., Italy and Russia (data here).
Bottom Line: The U.S. is still the world’s largest manufacturer.
 
Share

Posted in Blog, Content-Engineering - Materials, Engineering, Front Office, Shop FloorTagged BLS Data, Brazil Manufacturing Output, Cato Institute, China Manufacturing Output, David Brooks, India manucafturing Out put, Russia Manufacturing Output, US Global Share of Manufacturing Increased, US Manufactuiring As A Separate Economy would be 4th Largest Economy, USA Manufacturing Output, USA World's Largest ManufacturerLeave a comment

Recently Added

  • PODCAST – Reframing Work-Life Balance and Development Opportunities
  • PODCAST – Identifying ISO Workpiece Material Groups – Non-ferrous
  • PMPA Minnesota Chapter: Tsugami Oscillation Cutting Lunch & Learn
  • PODCAST – Talking Business Part 4 with Special Guest John Detterbeck
  • ARTICLE – Chipbreakers
  • ARTICLE – What I Wish I Knew Then That I Know Now
  • CRIBSHEET – #139: ISO Material Groups, Hardened Materials
  • ARTICLE – Finding Hidden Talent, Part 1
  • PODCAST – What’s Going On In Washington D.C. with Omar Nashashibi of Inside Beltway
  • PODCAST – Live from the 2025 PMPA PMTS Booth (Part 3)

               

Precision Machined Products Association's mission is to progressively lead  members to sustainable success

with reliable and relevant information, resources, advocacy, and networking opportunities

 

PMPA AFFINITY PARTNERS

Batteries Plus      Environ Energy     Federated Insurance      Grainger    PartnerShip

We value your privacy. We do not sell, trade, or otherwise transfer your personal information to parties unaffiliated with PMPA.

© 2025 Precision Machined Products Association | 6900 S Edgerton Rd #107, Brecksville, OH 44141
440-526-0300 | gro.apmp@ofni

Special Thanks