Feb 01 2022
Decades of Manufacturing Decline and Outsourcing Left U.S. Supply Chains Vulnerable to Disruption
The coronavirus pandemic and subsequent economic crisis have highlighted how reliant the U.S. economy is on the web of global supply chains for manufactured goods. The decades-long decline of U.S. manufacturing meant that disruptions to the global market for semiconductors and other critical industrial goods led to acute shortages and higher prices for American families. Countering these damaging trends will require historic investments in American manufacturing, infrastructure and innovation.