McKinsey Asks, ‘What would it take to ramp up manufacturing in the U.S.?’

Amid deepening geopolitical fragmentation, the United States imports $3 trillion in manufactured goods annually. About 25 percent of these are particular “Achilles’ heels”—due to some combination of criticality to national security, supply concentration, and geopolitical distance from trade partners. About 5 percent of manufacturing imports—overwhelmingly computers and electronic products—have all three dependencies. McKinsey’s new report, ‘Ramping up […]