This paper makes use of U.S. manufacturing subsector data and a dynamic ranking analysis, used
by the author in a prior publication, to consider the evolving picture of innovation, supply chain
strength, and employment. The ranking exercise identifies subsectors that are showing relative
strength in these metrics versus those that are lagging. The ranking results are analyzed in the
context of a framework in which, consistent with recent literature, manufacturing employment
change is modeled as the outcome of the sometimes competing forces of trade and domestic
innovation.
