Economic Program | Report

Manufacturing Growth

by Ryan McConaghy and Devon Swezey

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The Kindle, Amazon.com’s innovative e-reader, has revolutionized how people read newspapers, books, and magazines. Even though the concept was born in Silicon Valley, the Kindle is made in Taiwan. When looking for the manufacturing technology needed to build the e-reader, Amazon was forced to look abroad for experienced manufacturers because it was no longer available in the U.S. As a result, the U.S. lost out on producing one of the world’s leading e-readers.

How did this happen? Short sighted, poor policy decisions that have hindered the development of new era advanced manufacturing are partly to blame.

In Third Way & the Breakthrough Institute’s new report, “Manufacturing Growth,” we argue that manufacturing isn’t dying, it’s changing. And it’s still vital to American job creation and prosperity.

The new manufacturing doesn’t take place on your father’s factory floor. Instead of operating a machine press, today’s manufacturing worker needs a variety of new skills to engage in high-tech processes in industries from aerospace to biotech. These activities create good jobs, drive innovation, and make an economy globally competitive. Other nations have robust pro-manufacturing policies, and as our report shows, it’s time for the U.S. to catch up.

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