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Now lets divide by people. For people, it's 208 million and 321 million. The USA is getting $6355/person from manufacturing. Germany+Japan is getting $7792/pe
by burfog 10y ago
Now lets divide by people. For people, it's 208 million and 321 million.
The USA is getting $6355/person from manufacturing.
Germany+Japan is getting $7792/person from manufacturing.
They beat us, earning an extra 22.6% per person from manufacturing.
- mywittyname 10y agoI just saw this. Manufacturing is a much smaller segment of USA economy though, so per-capita is a bad metric. Maybe it would be okay if you weighted it based on % of the economy, in which case the USA would be $6355 / 0.12 = $54,441 vs 7792 / 0.18 = $43,289. So, weighted GPD per capita, the USA comes out way ahead. And actually, the weighted GDP/cap in manufacturing for the USA is higher than the average GPD/cap of the economy overall, which is just $53,041.