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US Manufacturing Faces Decline in Productivity, The Economist Explains the Trend
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US Manufacturing Sees Falling Productivity, Gains Resurgence Amid Lagging Tech Use
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American manufacturing is facing a decline in productivity, as explained by The Economist. The country, despite being a technology superpower, lags in using technology in the physical world, impacting its manufacturing industry. The return of productivity gains for the US economy is discussed in the latest FT column. There's hope for a better productivity trend with abundant technological tools available for companies to realize efficiencies.