The Vital Role of Manufacturing to GDP

When the governments of the world undervalue manufacturing’s impact on Gross Domestic Product (GDP), the result can be detrimental to the economy. The results can include taxes and laws being put in place by governments without understanding the true impact on manufacturing. A recent study by Manufacturing Alliance for Productivity and Innovation (MAPI) suggests the US has been significantly undervaluing manufacturing’s contribution to GDP. If you are reading this post outside the US then I hope the topic at least has some relevance to you in your own country.

Manufacturing Trends