The US ranks 2nd in global manufacturing output at $1.867 trillion

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The Brookings Institution has released its Global Manufacturing Scorecard. According to the report, the US ranks second to China in terms of annual manufacturing output, at $1.867 trillion. China produced $2.01 trillion. Japan was third, at $1.063 trillion.

Click on the here for full rankings and to see how the US compares to 18 other nation in five other dimensions of the manufacturing environment: 1) overall policies and regulations; 2) tax policy; 3) energy, transportation, and health costs; 4) workforce quality; and 5) infrastructure and innovation.