How the U.S. lost its place as the world’s manufacturing powerhouse
The Wall Street Journal: Sue Helper, the Frank Tracy Carlton Professor of Economics, noted that manufacturing once dominated U.S. jobs—an early lead that came from innovation and WWII capacity—but today it makes up less than 10% of private-sector employment. “You get richer… you start buying services,” she explained, pointing to the sector’s long decline.
Diversity startup business team working together by 3D printer. Looking at printed objects and discussing. Selective focus to 3D printer printing an object with creative team in background.