Can US Boost Manufacturing 20% By 2025?
industryweek | November 16, 2017
A new McKinsey report predicts that manufacturing GDP would climb to $3 trillion in real terms by 2025—a boost of some $530 billion, or 20%, above the current trend. While the last two decades have been trying for the manufacturing sector, large U.S. firms have been successful in figuring out how to make things work. They have outperformed their global counterparts, according to a new survey, Making it in America: Revitalizing US manufacturing, by The McKinsey Global Institute.