Report to the U.S. president on ensuring American leadership in advanced manufacturing
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The United States has traditionally led the world in the manufacture of advanced technological products, but in recent decades global patterns have shifted. The country recorded a trade surplus in terms of such products as recently as 2001, but by 2010 that trade balance was a deficit of $81 billion. Overall, from 1998 to 2010 the U.S. lost some 6 million general manufacturing jobs and now has only 11.6 million such jobs, representing just 11% of the labor market.