U.S. manufacturing has been steadily declining since the 1980s, losing about 1% to 2% of businesses per year. It simply will not be able to overcome macro factors over which they have no control—foreign competition, U.S. trade policy, national and local politics, lack of educated new employees entering the workforce, globalization, the shift to a service economy, and to technological innovation that replaces labor with capital.
I have attempted to answer the question I posed in the Foreword, “How can SMMs cope with and overcome these macro forces that counter efforts to help manufacturers grow?”
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