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Stripping out computer manufacturing is an interesting take, but the rise of import of intermediate (partially completed) goods is another major cause of the de
by jerkstate 8y ago
Stripping out computer manufacturing is an interesting take, but the rise of import of intermediate (partially completed) goods is another major cause of the decline of manufacturing in the US. Labor, energy, and environmentally intensive partially completed goods are often manufactured elsewhere now, we do final assembly here and add the output value to our "manufacturing output" so that line goes up even though we're doing a lot less of the work here.