2016 Global manufacturing competitiveness index
In a preview of the results of the 2016 Global Manufacturing Competitiveness Index, The United States is expected to become the most competitive manufacturing nation over the next five years, with the current leader China sliding into second position.
The report by Deloitte Touche Tohmatsu Limited’s (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness (Council) will include an in-depth analysis of survey responses from more than 500 chief executive officers and senior leaders at manufacturing companies around the world. The country index rankings are included this preview of findings which was released at the Council’s annual National Competitiveness Forum held on Friday, 4 December 2015.
The ability of the United States to take the top spot may be largely due to the country’s investment in research, technology, and innovation, which enhances the competitiveness of its industries and drives economic development, according to the study Advanced Technologies Initiative: Manufacturing & Innovation, a 2015 report also published by Deloitte Global and the Council.