Did you know that if the top 500 U.S.-based manufacturing companies were counted as an independent nation, their total revenue would rank them as the third largest economy in the world! Yet, the US manufacturing sector has experienced substantial job losses at an alarming rate over the past two decades. Since the historical peak in the late 1970s, fewer and fewer jobs have been created in the manufacturing sector. In fact employment in manufacturing is now at its lowest since 1950.
