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Looks like the U.S's manufacturing output is #2 in the world, only behind China. http://www.aei.org/publication/charts-of-the-day-world-manufacturing-output-20
by JDiculous 10y ago
Looks like the U.S's manufacturing output is #2 in the world, only behind China.
http://www.aei.org/publication/charts-of-the-day-world-manufacturing-output-2012/ http://www.aei.org/publication/charts-of-the-day-world-manuf...
- digikata 10y agoI wonder if that first chart is inflation adjusted. I suspect it's not.
- 6502nerdface 10y ago> I wonder if that first chart is inflation adjusted. I suspect it's not. That chart (and subsequent text) quite clearly says "current US dollars," which is presumably 2012 dollars given the date of publication. So yes, it is inflation adjusted.
- digikata 10y agohttps://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OUTMS Shows flattening of growth from 2012 to 2016. This chart shows "real" output. I could be misiterpreting but is it that that "current" dollars adjusts for currency inflation, while "real" dollars adjusts for price-of-goods inflation. Or are they basically the same type of adjustment? https://datahelpdesk.worldbank.org/knowledgebase/articles/114942-what-is-the-difference-between-current-and-constan https://datahelpdesk.worldbank.org/knowledgebase/articles/11...