Browse

You are looking at 1 - 1 of 1 items for :

  • Type: Journal Issue x
  • Finance and accounting x
  • Western Hemisphere x
  • Interest Rates: Determination, Term Structure, and Effects x
  • Industry and industrial studies x
  • IMF Staff Country Reports x
  • Interest rates x
  • Manufacturing industries x
  • Health systems & services x
  • Banks; Depository Institutions; Micro Finance Institutions; Mortgages x
  • Public finance & taxation x
  • Business and Economics x
  • Real Estate x
  • Banks and Banking x
  • Public Economics x
  • Industries; Land Use; Labor x
Clear All Modify Search
International Monetary Fund. Western Hemisphere Dept.
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.