U.S. Manufacturing Sector Overview
Manufacturing accounts for 12% of U.S. GDP, making it one of the most important sectors in the U.S. If the U.S. manufacturing sector was to be seen as a country in its own, the sector would be the eighth largest economy in the world in terms of output. In 2016, the U.S. was ranked second in the world in terms of manufacturing competiveness and experts forecast the U.S. to take a leading position by 2020, ahead of China. Several industries are showing increased opportunities for Swedish manufacturing companies such as aerospace and spacecraft, machinery, chemicals, and electrical machinery and equipment.
Business Sweden has researched the U.S. manufacturing sector by analysing and observing trends presented by a large number of reputable databases and industry articles. The report aims to present valuable insights for Swedish companies looking into manufacturing in the U.S. or optimizing their supply chains by expanding their sourcing activities.