The United States is in the midst of a manufacturing renaissance.
Myth or reality?
Although there have been signs that some manufacturing sectors are bouncing back, Stephen Gold argues that the statement above is one of several manufacturing myths being promulgated by the media.
"While a U.S. manufacturing renaissance is possible, we're not there yet," writes Gold, who is CEO of the Manufacturers Alliance for Productivity and Innovation.
"In fact, U.S. manufacturing hasn't even fully recovered from the Great Recession and isn't expected to until the fourth quarter of 2014."
Myths about U.S. manufacturing are damaging, Gold asserts, because they either "diminish manufacturing's value" or they "create unrealistic expectations for the sector."
For more, read "The Competitive Edge: Myths About Manufacturing"
in sister publication IndustryWeek.