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The article says that imports were accounted for.
by georgeburdell 7y ago
The article says that imports were accounted for.
- cmrx64 7y agoOnly imports of raw material. Not finished goods. And don't forget all the resources embodied in the actual means of production! That's a lot of heavy machinery.
- TeMPOraL 7y agoThe accounting seems to be done per category. Manufacturing is a wasteful process, so when you import finished goods instead of manufacturing them yourself and account on basis of mass, a lot of used mass is missing. Now ordinarily, I'd assume it's a trivial thing that obviously must have been corrected for. But recently I read that apparently, US's disappearing manufacturing was hidden in statistics for a long time, because some people miscounted semiconductor industry as if it was manufacturing appliances. So I guess mistakes like that happen.