A Decline in US Manufacturing Because of Globalization and China? Don’t Believe This Fake News

Posted on by Farok J. Contractor

© 2020, Farok J. Contractor, Rutgers Business School Featured Image Source: Wall Street Journal This is a pre-copyedited draft version of an article to be published in Management & Organization Review. The final authenticated version will be available online at Cambridge University Press. For at least 35 years, US politicians and pundits have scared the … Continue reading A Decline in US Manufacturing Because of Globalization and China? Don’t Believe This Fake News

Does Just One Product – the iPhone – Cause an $11 Billion Trade Deficit for the US?

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School   Trade Statistics Alone Can Frighten and Mislead In my July 11, 2018 blog post, The US-China Trade Spat: How the Public, Media, and Politicians Can Be Deceived by Data, I described how taking data and statistics out of the context of the larger picture can be not only … Continue reading Does Just One Product – the iPhone – Cause an $11 Billion Trade Deficit for the US?

The US-China Trade Spat: How the Public, Media, and Politicians Can Be Deceived by Data

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School   Trade Statistics Can Be Less Than Half the China Story Looking at trade statistics alone is misleading because they lack overall context. The $337 billion US deficit with China in 2017 sounds scary. But a review of other economic factors provides insight into the larger picture. 1. … Continue reading The US-China Trade Spat: How the Public, Media, and Politicians Can Be Deceived by Data

The US – One of the World’s Most Competitive Manufacturing Locations?

Posted on by Farok J. Contractor

© 2014 Prof. Farok J. Contractor, Rutgers University In 2012, I was one of the observers who indicated that American manufacturing productivity was, by far, the best in the world. (See my August 7, 2012 Yale Global Online article “7 Reasons to Expect US Manufacturing Resurgence,” which provided figures from the International Monetary Fund and the US Bureau of Labor Statistics.) In … Continue reading The US – One of the World’s Most Competitive Manufacturing Locations?