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Ask and wikipedia answers: http://en.wikipedia.org/wiki/Economy_of_the_United_States#Manufacturing http://en.wikipedia.org/wiki/Economy_of_the_United_States#Ma.
by JeffJenkins 17y ago
Ask and wikipedia answers: http://en.wikipedia.org/wiki/Economy_of_the_United_States#Manufacturing http://en.wikipedia.org/wiki/Economy_of_the_United_States#Ma...
And that's not counting agriculture or services. Here's a full breakdown of the economy (not all of which is applicable to exporting):
http://en.wikipedia.org/wiki/Economy_of_the_United_States_by_sector http://en.wikipedia.org/wiki/Economy_of_the_United_States_by...
- jeromec 17y agoAs that first link notes under Manufacturing: A total of 3.2 million -- one in six U.S. factory jobs -- have disappeared since the start of 2000. So, I think this trend would need to reverse. This recession alone has displaced 8 million.
- potatolicious 17y agoIf Chinese income rises to the point where its middle class can afford to buy American products, I fully expect a lot of manufacturing to be coming back onto this side of the ocean.
- jeromec 17y agoI could see that happening, namely with cars, which is why I think it's important to have a strong car manufacturing industry (and another reason to save GM). However, one caveat I think is we need to place higher importance on quality, not just with cars but American products in general. If China has gotten good at the role of producer after these years, and the U.S. as consumer, and that suddenly flips... I'm not sure how smoothly that would play out. A lot of people could potentially eat our lunch.
- steveplace 17y agoNot true. Factory jobs have gone down, but production goes up. That's due to efficiency gains. http://www.fivethirtyeight.com/2010/02/us-manufacturing-is-not-dead.html http://www.fivethirtyeight.com/2010/02/us-manufacturing-is-n...