U.S. factories outwork China
While China is gaining economic ground pretty quickly, the US still remains #1.
Maybe with a little effort, we can stay on top.
Washington — U.S. factories are closing. American manufacturing jobs are reappearing overseas. China's industrial might is growing each year.
And it might seem as if the United States doesn't make world-class goods as well as some other nations.
"There's no reason Europe or China should have the fastest trains, or the new factories that manufacture clean energy products," President Barack Obama said in his State of the Union address last week.
Yet America remains by far the No. 1 manufacturing country. It out-produces No. 2 China by more than 40 percent.
While China is gaining economic ground pretty quickly, the US still remains #1.
Maybe with a little effort, we can stay on top.