Manufacturing tends to be more research-intensive than service industries, and research and development (R&D) drives long-run innovation and productivity growth.[19] Manufacturing also tends to be more capital-intensive, and capital per worker is another important piece of long-run productivity and wage growth.[20] And lastly, having cutting-edge technology manufactured in the United States provides additional advantages and spillover benefits.[21] Even in a globalized economy, the U.S.… [read post]