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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: AC Flyer who wrote (13572)1/16/2002 10:50:31 PM
From: LLCF  Read Replies (1) of 74559
 
< Because in 1950, real goods production accounted for 37.3 percent of real GDP but in 1998 it accounted for 39.8 percent. In other words, manufacturing now accounts for a greater share of total economic output than it did when more than twice as many Americans (as a percentage of the total workforce) were engaged in it. Food for thought down in the union hall.>

But wait a second, why is that so bullish... are you saying that service jobs are more stable than manufacturing jobs???

DAK
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