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Additive manufacturing (i.e. 3-D printing) is quickly evolving. The days of using the technology only to produce plastic toys are long gone. The technology is now often used for both prototyping samples and printing highly complex things, such as cars, rocket engine parts, and food. A few applications to watch over the next few months to years are 3-D printed organs, molecules, and 3-D printers themselves.
Declining shares of manufacturing jobs in overall employment have been a concern for policymakers for years in advanced and some developing economies. This concern stems from the widely held belief that manufacturing plays a unique role as a catalyst for productivity growth and income convergence and a source of well-paid jobs for less-skilled workers.
“In the end, the future of manufacturing in America is going to be high-value, high-tech, and more automated—dominated by new production technologies and fast-evolving supply chain practices.” – Mark Muro, Senior Fellow During the 2016 presidential campaign, Donald Trump cited the loss of American manufacturing jobs and seemed to lay the blame on globalism and what he characterized as unfair trade practices.
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