01823cas a2200277 a 4500 AALejournalIMF014228 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484301821 1018-5941 BD-DhAAL BD-DhAAL Celasun, Oya. The U.S. Manufacturing Recovery : Uptick or Renaissance? / Oya Celasun, Gabriel Di Bella, Tim Mahedy, Chris Papageorgiou. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The notable rebound of U.S. manufacturing activity following the Great Recession has raised the question of whether the sector might be experiencing a renaissance. Using panel regressions, we find that a depreciating real exchange rate, an increasing spread in natural gas prices between the United States and other G-7 countries, and in particular decreasing unit labor costs have had a positive impact on U.S. manufacturing production. While we find it unlikely for manufacturing to become a main engine of growth in the United States, we find that U.S. manufacturing exports could provide nonnegligible growth opportunities going forward. Mode of access: Internet Di Bella, Gabriel. Mahedy, Tim. Papageorgiou, Chris. IMF Working Papers; Working Paper ; No. 2014/028 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/028/001.2014.issue-028-en.xml IMF e-Library