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> The decline in the industrial sector seems more likely correlated to the general decline of US manufacturing capacity. There hasn't really been a decline, si
by tcoppi 10y ago
> The decline in the industrial sector seems more likely correlated to the general decline of US manufacturing capacity.
There hasn't really been a decline, simply a plateauing
https://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OUTMS
It is probably more related to general efficiency and productivity improvements that affect every sector.
- tyingq 10y agoThe chart shows the decline in industrial as the most changed of the 3. I would guess that capacity being flat-ish would be a big factor.