My name is Patrick Gallagher.
I'm the director of the
National Institute of Standards
and Technology and I'm
here today to talk to you
about Chapter 6-Revitalizing
U.S. Manufacturing.
This is a critical topic to
me because NIST's purpose is
to support U.S. industry's
competitiveness
through measurement
science and technology.
Manufacturing plays a
special role in our economy.
As Chapter 6 points out,
the manufacturing sector
is a significant part
of our overall GDP, but
it also is instrumental
in creating high quality,
high pay jobs in our economy
and in supporting our
national infrastructure
and national defense.
But one point
about manufacturing is often
not well understood and that's
that the manufacturing sector
itself plays a critical role
in our nation's capacity
to innovate.
Almost two-thirds
of our research
and development capacity in
the business sector is based
in manufacturing-based
industries.
Manufacturing also plays
a critical role in trade.
Most of our tradable
economy is based
in the manufacturing sector.
But manufacturing is a
private sector activity.
The federal government
doesn't manufacture anything.
So given the importance
of manufacturing,
what's the federal role
in addressing this?
Well, manufacturing is
a very broad sector.
There are a lot of
activities here
and the federal government's
role
in manufacturing is equally
broad, but just as critical.
It includes investments
we make in research
and development
infrastructure-the subject
of Chapter 3.
It includes our investments
and focus on education
and workforce development.
It includes our role
in supporting
and promoting U.S. small
and mid-size businesses.
It includes our efforts
in trade policy
to promote fair and
equitable trade.
In short, the health of our
nation's economy depends
on the health of our U.S.
manufacturing sector.
This is why revitalizing U.S.
based manufacturing should be a
national priority.
Or, as Secretary Bryson
said, our goal should be
to "Build it here and
sell it everywhere."
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