The mysterious disappearance of growth in US manufacturing: Was it China shock?
The article discusses the stagnation of productivity growth in US manufacturing since 2010, which has remained at a zero annual growth rate. It attributes this decline to increased imports from China during the 2000s, which diminished the competitiveness of US manufacturers. The authors highlight how this influx of imports led to reduced sales, plant closures, and a decrease in investment and innovation.
- ▪US manufacturing productivity growth was 3 percent annually from 1948 to 2010.
- ▪Since 2010, the annual growth rate has dropped to zero.
- ▪The influx of Chinese imports in the 2000s significantly impacted US manufacturers' competitiveness.
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.hoverOverRide:hover{ text-decoration:none; } AEA Papers and Proceedings ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online) About AEA Papers and ProceedingsEditorsEditorial PolicyContact InformationArticles and IssuesCurrent IssueAll IssuesInformation for AuthorsAccepted Article GuidelinesStyle Guide Menu About AEA Papers and ProceedingsEditorsEditorial PolicyContact InformationArticles and IssuesCurrent IssueAll IssuesInformation for AuthorsAccepted Article GuidelinesStyle Guide The Mysterious Disappearance of Productivity Growth in US Manufacturing: Was It the China Shock? Robert J. Gordon Kenneth Ryu AEA Papers and Proceedings vol. 116, May 2026 (pp.
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