Structural costs handicap US in global market: study
Oct 18, 2011 | 11:22 AM
| Catherine Ngai
Tags
trade,
U.S.,
Congress,
manufacturing,
cost disadvantange,
Manufacturers Institute,
MAPI,
Germany
Canada
NEW YORK — The excessive burden of structural costs in the United States keeps domestic manufacturers at a disadvantage to their global competitors, according to a new report by two Washington advocacy groups, the Manufacturing Institute and the Manufacturers Alliance for Productivity and Innovation (MAPI).
The report, which compares the structural costs of the United States to those of its nine largest trading partners—Canada, Mexico, Japan, China, Germany, Britain, South Korea, Taiwan and France—shows that U.S. manufacturers pay 20 percent more in structural costs than manufacturers in those countries, up from 17.6 percent in 2008.....
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