The researchers at global management consulting firm McKinsey & Co. released a report this morning that provides some new insight about the U.S. manufacturing sector’s future. The report notes that while U.S. manufacturing output growth has been concentrated in a few standout areas such as pharmaceuticals, electronics and aerospace, most other manufacturing industries have seen slower growth or real declines in value added. However, the decline of U.S. manufacturing is by no means a foregone conclusion because increased global demand, new technology and value chain optimization will converge to give the sector a chance to turn around. By maximizing all of the opportunities, U.S. manufacturing GDP would climb to $3 trillion in 2025 — a boost of $530 billion, or 20 percent, above the current trend. To access the report, click here.