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Economists Skeptical of Claims of Rising Productivity in Manufacturing

"I bought into this idea for a long time that it was superior labor productivity that caused most manufacturing job losses," said Rob Atkinson, of Information Technology and Innovation Foundation (ITIF), a nonpartisan think tank. "Then I began to dig into the numbers."

The arguments, which get a full airing in a report to be issued this week by the ITIF, are being mounted as economists and politicians on the presidential campaigns debate what, if anything, to do to help the nation's manufacturers.

Source: Washington Post

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Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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