We're gonna need a bigger boat-building industry

Published: Thursday, June 26, 2025 at 7:00 am

U.S. Shipbuilding Industry: A Look at Decline and Potential Revival

The United States shipbuilding industry, once a powerhouse during World War II, has significantly diminished. Today, China holds the dominant position in global shipbuilding. A recent episode of "The Indicator from Planet Money" examines the factors behind this shift and explores the potential for a resurgence of American shipbuilding.

The program delves into the decline of the U.S. industry, contrasting its past prominence with its current state. The discussion also touches upon protectionist measures that could potentially hinder any efforts to revitalize American shipbuilding. The episode aims to provide insights into the economic forces at play and the challenges facing the industry.

The podcast episode is part of the "The Indicator from Planet Money" series, which is available on various platforms, including Apple Podcasts, Amazon Music, and iHeart Radio. The episode was fact-checked by Tyler Jones and features music by Drop Electric.

BNN's Perspective:

The decline of the U.S. shipbuilding industry is a complex issue with implications for national security and economic competitiveness. While protectionist measures might offer short-term benefits, a sustainable revival likely requires a multifaceted approach. This includes addressing underlying economic factors, fostering innovation, and potentially exploring strategic partnerships to enhance the industry's global competitiveness. A balanced approach that considers both domestic interests and global market dynamics is crucial for any potential revival.

Keywords: shipbuilding, China, U.S., industry, economy, decline, revival, protectionism, Planet Money, podcast

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