U.S.: A ‘Rising Star’ Of Global Manufacturing

“A new ranking of the competitiveness of the world’s top 25 exporting countries says the United States is once again a “rising star” of global manufacturing thanks to falling domestic natural gas prices, rising worker productivity and a lack of upward wage pressure.

The report, released on Friday by the Boston Consulting Group (BCG,) found that while China remains the world’s No. 1 country in terms of manufacturing competitiveness, its position is “under pressure” as a result of rising labor and transportation costs and lagging productivity growth.

The United States, meanwhile, which has lost nearly 7.5 million industrial jobs since employment in the sector peaked in 1979 as manufacturers shipped production to low-cost countries, is now No. 2 in terms of overall competitiveness, BCG said.

The biggest factor driving the U.S. rebound, according to BCG: cheap natural gas prices, which have tumbled 50 percent over the last decade as a result of the shale gas revolution.

Also contributing to the country’s attractiveness, according to BCG, is “stable wage growth” – a euphemism for the fact that, in inflation-adjusted terms, industrial wages here are lower today than they were in the 1960s even though worker productivity has doubled over the same period of time.

“Overall costs in the U.S.,” the report’s authors write, “are 10 to 25 percent lower than those of the world’s ten leading goods-exporting nations other than China” and on par with Eastern Europe. [1]

Here is BCG’s ranking of the world’s Top 10 countries in terms of manufacturing competitiveness:

1. China

2. United States

3. South Korea

4. United Kingdom

5. Japan

6. Netherlands

7. Germany

8. Italy

9. Belgium

10. France

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Planning For An America That Lives Up To Dreams Of Its People

Planning For An America That Lives Up To Dreams Of Its People

  • American Energy 
    • Oil and Gas Boom [1] +
    • Fuel Efficiency Addon For Cars (Energy Savings) +
    • Internet Of Things At Home (Energy Savings)
    • Improvements in Renewable Energy Technologies
  • American Manufacturing [1]
    • Cloud Manufacturing [2] 
      • “Made in USA” Revolution!
      • America becomes a manufacturing super-power!
      • America revolutionizes the world by manufacturing Physical Digital Systems. [3] [4] [5]
    • Reduction in Unemployment. 
  • American Education
    • Better Education System [1]
    • Education Platform [2]
  • American Healthcare [2]
    • Redesigning American Healthcare [1] 
  • American R&D
    • Research Platform [1]
      • More fruitful Research
    • Interdisciplinary Research [2]
      • Cross pollination of ideas.
  • American Law & Order
    • Dramatic Improvement. Dramatic drop in crime rate.
      • Introduction of Advanced Technologies.
      • Change in Society.
  • America in World Stage
    • America leads in every sector.
    • America – A force for good. [1]
  • American States
    • Plan for each and every of America’s States. 
    • Smart Cities.
  • American Dream
    • The only country in the world where if you work hard, no matter where you came from and where you are now, you can turn your dreams into reality! 


American Energy
American Manufacturing
American Education

American Healthcare

American R&D

America in World Stage
American Immigration Laws