United States : Selected Issues

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United States : Selected Issues
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Volume/Issue:
2013/237
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
July 2013
DOI:
http://dx.doi.org/10.5089/9781484376553.002
ISBN:
9781484376553
ISSN:
1934-7685
Page:
82
This Selected Issues paper on United States 2012 Article IV Consultation discusses rebound of manufacturing production. The U.S. share in global manufacturing production declined through most of the past three decades, but it has stabilized since the Great Recession. It currently represents about 20 percent of global manufacturing value added. Interestingly, after a sharp increase during most of the previous decade, China's share in global manufacturing has also stabilized since the Great Recession, at a level similar to that of the United States. The notion of a manufacturing renaissance has been fuelled partly by the rebound in production since the end of the Great Recession.
Article

United States: Selected Issues

Author(s):
International Monetary Fund. Western Hemisphere Dept.
Published Date:
July 2013
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