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Politics : Sarah Palin For President 2012 -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (521)9/16/2008 10:44:04 AM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 1832
 
We have an expanding manufacturing base?

Yes. We manufacture more than any other nation, and each decade, and almost each year, we manufacture more than the previous decade (or year).

Our job growth seems to be coming from the service sector and healthcare.

We have declining manufacturing employment, because we are much more productive, but we produce more and more with less.

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cato-at-liberty.org

nationmaster.com

First, U.S. manufacturing revenues (adjusted for inflation) reached their all-time high in 2006. 2006 was also a peak year for inflation-adjusted manufacturing profits in the U.S. and for inflation-adjusted U.S. manufacturing exports. And the U.S. accounts for the largest share of the globe's manufacturing output; Americans today produce 2.5 times more manufactured goods than do the Chinese.

cafehayek.typepad.com
(note at the time of that post 2006 was the most recent year for which full data was available, it isn't implying a shrink since 2006)



cafehayek.typepad.com