Manufacturing Productivity

Manufacturing Productivity

February 7, 2007

Heard about the demise of the U.S, manufacturing sector? Take a look at the following chart, which shows an index of total U.S. manufacturing output since 1987. Wow!

Manufacturing%20Output.jpg

If you want an even bigger WOW look at the U.S. manufacturing sector’s productivity performance, measured by output per man-hour of work, over the same period, in the chart below.

Manufacturing%20Productivity%3B%20Output%20Per%20Man-Hour.jpg

The difference is Information Technology investments that have radically decreased the time it takes to get products produced and in customers hands.

JR

John Rutledge

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