Manufacturing Revival is currently a hot topic among not only politicians and businessmen, but also academics. Comparing with the manufacturing revival of the 1980s, current event has its own defining feature. Cyclical factors excluded, the U.S. manufacturing industry maintains a quite stable status both domestically and internationally in terms of major indicators such as output, international trade, employment and labor productivity. There are no significant improvements or deteriorations. The U.S. manufacturing industry enjoys an advantageous position over other major advanced economies. The most visible sign of "revival" of U.S. manufacturing is that the growth of output and employment of the industry is better than other industries. However, no one know for sure of the reason for the growth performance, cyclical recovery or structural improvement. Even taking the government support into consideration, there are still many uncertainties about the prospect of current manufacturing revival. <<