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US still leads (but not by much)
Article Type: News From: International Journal of Productivity and Performance Management, Volume 60, Issue 2
US manufacturing is now just 13 percent of gross domestic product and is a significantly smaller contributor to wealth than it used to be. In 13 G-20 countries manufacturing adds significantly more to GDP.
However, at $1.8 trillion, annual manufacturing output is still the largest in the world. It tops China’s $1.4 trillion, even though China’s manufacturing sector represents 32 percent of GDP.
© Emerald Group Publishing Limited
2011
