- Advocacy & Policy
- Research Center
September 09, 2010
The World Economic Forum released today its Global Competitiveness Report, which shows that the United States has fallen to fourth place.
Two years ago, the United States ranked first.
“This disturbing news makes it clear that the administration and the Congress must take immediate action,” said AIA President and CEO Marion C. Blakey. “We cannot risk falling further behind in today’s competitive global economy.”
Among the top four problem factors identified by the World Economic Forum for doing business in the United States are tax rates and regulations and inefficient government bureaucracy.
AIA is proposing a four-step program to address this competitiveness gap:
Next week during National Aerospace Week, supplier executives from the aerospace and defense industry will be meeting with their representatives to stress the importance of making these reforms to make companies, especially small businesses, more competitive.