Trade Discussion on Capitol Hill: Cato and NAM

By November 1, 2007Trade

An interesting discussion upcoming with Dan Ikenson of the Cato Institute’s Center for Trade Policy Studies and Frank Vargo, the NAM’s vice president for international economic affairs.

Thriving or Threatened? Perspectives on the State of U.S. Manufacturing in a Global Economy
Thursday, November 15, 2007
12:00 PM (Lunch Included)
SC-4 U.S. Capitol Building (Senate Side)

Since the depth of the U.S. manufacturing recession in 2002, the sector as a whole has experienced sustained and robust growth. The year 2006 set a record for output, revenues, profits, profit rates, return on investment, exports, and imports. The United States remains the world’s most prolific manufacturing country, accounting for two and a half times more output than Chinese factories in 2006. Should these figures put to rest assertions that the U.S. manufacturing sector is eroding because of trade? Do they support a conclusion that the sector is thriving? U.S. manufacturing experts Ikenson and Vargo will offer perspectives on the real state of U.S. manufacturing in today’s global economy.

Frank will have just returned from accompanying NAM President John Engler and other manufacturers on a trade and business mission to Japan and China, so he’ll have a fresh perspective on many of these issues. And Dan has been getting a lot of attention lately for his paper, “Thriving in a Global Economy: The Truth about U.S. Manufacturing and Trade.”

For more details and to register, go to Cato’s page here.

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