The Decline of the U.S. Machine-Tool Industry and Prospects for Its Sustainable Recovery

Volume 1

David Finegold, Keith Brendley, Robert J. Lempert, Don Henry, Peter Cannon, Brent A. Boultinghouse, Max Nelson

ResearchPublished 1994

At the beginning of the 1980s, the United States was the world's largest producer of machine tools and had developed a new technology — computer numerical control — that would soon revolutionize the industry. By the end of the decade, U.S. production amounted to less than half that of Japanese and German firms, and the federal government felt compelled to protect the domestic market. Despite a recent resurgence, the industry is far from recapturing lost market share. Concerned by this decline, Congress asked RAND's Critical Technologies Institute to conduct a comprehensive study of the machine-tool industry in the United States, Japan, Germany, and Italy. The study analyzes the causes of the U.S. decline and offers policy options for aiding its recovery.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1994
  • Print Format: Paperback
  • Paperback Pages: 171
  • Paperback Price: $40.00
  • Paperback ISBN/EAN: 978-0-8330-1575-4
  • Document Number: MR-479/1-OSTP

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RAND Style Manual
Finegold, David, Keith Brendley, Robert J. Lempert, Don Henry, Peter Cannon, Brent A. Boultinghouse, and Max Nelson, The Decline of the U.S. Machine-Tool Industry and Prospects for Its Sustainable Recovery: Volume 1, RAND Corporation, MR-479/1-OSTP, 1994. As of September 17, 2024: https://www.rand.org/pubs/monograph_reports/MR479z1.html
Chicago Manual of Style
Finegold, David, Keith Brendley, Robert J. Lempert, Don Henry, Peter Cannon, Brent A. Boultinghouse, and Max Nelson, The Decline of the U.S. Machine-Tool Industry and Prospects for Its Sustainable Recovery: Volume 1. Santa Monica, CA: RAND Corporation, 1994. https://www.rand.org/pubs/monograph_reports/MR479z1.html. Also available in print form.
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