ComentáriosConstataçõesPerspectivasExplicativos
Tema
Advanced Manufacturing
10 textos
Textos
- PerspectivaStrategic Technology
Diffusion rather than invention is the binding step in technological change, and no series in the record counts it
Computer and electronic product output rose 21.1 index points between 2020 and 2025 while manufacturing output as a whole ended 2.7 points below its own 2017 base. Core capital-goods orders, the closest series in the record to the channel by which equipment reaches firms that do not make it, averaged 77 billion dollars a month in 2022 and the same in 2025.
- PerspectivaWorkforce & Skills
The states that make the most things are not the states with the most engineers
Of the eight states where production work is most concentrated, four hold less than the national share of architecture and engineering jobs and two more hold barely the national share. That gap, not the incentive package, is the binding constraint on where a complex facility can be built and run.
- ConstataçãoIndustrial Policy
New orders for durable goods fell once in five years, then jumped
Orders dipped by 4.9 billion dollars a month in 2024 and rose by 23.4 billion in 2025, the largest single-year gain in the window. The series counts dollars, not machines.
- ComentárioIndustrial Policy
The order book everyone quotes is measured in dollars that changed size
New orders for durable goods reached 311.2 billion dollars in 2025, the highest reading in five years. It is a current-dollar figure stated as a monthly rate, and it is routinely read as neither of those things.
- ExplicativoIndustrial Policy
Manufacturing employment and manufacturing output measure different things
A country can make more while employing fewer people, and the federal series that track it will say so. This explains what each one counts and when each one is the right measure to cite.
- ConstataçãoIndustrial Policy
Half the capacity use gained after 2020 has since been given back
Manufacturing capacity utilisation rose 4.7 points between 2020 and 2022, and 4.4 of them arrived in the first year. It has given back 2.3 points in the three years since.
- ConstataçãoIndustrial Policy
Electronics output rose more in 2025 than in the three years before it combined
The computer and electronic product index added 8.5 points in 2025, against 8 points exactly across the three preceding years together, on a base where 2017 is 100. A narrower semiconductor index published on the same base added 21 points in that same year, and the file does not say how much of the broader move belongs to it.
- ComentárioEconomic Security
Before the next plant, explain the idle line
American manufacturing used 75.3 percent of its capacity in 2025, against 77.6 percent in 2022. A programme that pays to add capacity without accounting for the capacity already standing is not an industrial policy. It is a construction policy.
- ConstataçãoEconomic Security
The industrial index has spent six years going almost nowhere
Industrial production ended 2025 at 101.2 on a 2017 base of 100. It has moved 1.9 points in four years, and the 2025 reading sits 0.2 above 2022.
- ExplicativoDevelopment Finance
What an offtake agreement does
An offtake agreement is a promise to buy something that has not been made yet. By the end you will know what it changes for a lender, what it costs the seller, and what it leaves unsolved.