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That's simply not true: https://en.wikipedia.org/wiki/Manufacturing_in_the_United_States https://en.wikipedia.org/wiki/Manufacturing_in_the_United_St... Manufa
by 0xfaded 4y ago
That's simply not true: https://en.wikipedia.org/wiki/Manufacturing_in_the_United_States https://en.wikipedia.org/wiki/Manufacturing_in_the_United_St...
Manufacturing in the US has imo been surprisingly resilient, and when it comes to components it's remarkably easy to order just about anything from a US supplier, perhaps electronics being the exception.
Europe only retains its place because of low labor costs in Eastern Europe. Western Europe is in real trouble after years of policy push for "Services Based" economies.
- bmitc 4y agoWhen you say "that's simply not true", what do you mean by "that"? You linked to a general article with several data points. When I said "very little", I of course meant relatively speaking. In my experience in buying industrial equipment, very little of it is made in the U.S. aside from things that would be prohibitively expensive (like heavy equipment) or things simply assembled in the U.S. And in hearing conversations internal to companies that do have manufacturing, the general sentiment has been "not only can we not afford to make this in the U.S., we simply can't make it".
- Barrin92 4y ago>Western Europe is in real trouble after years of policy push for "Services Based" economies I'm not sure where this narrative comes from because Western Europe is still industrialized, in particular compared to the US[1]. the industrial belt roughly from the UK midlands through northern France, Benelux, Switzerland, the Rhine-Ruhr area and South West Germany, Northern Italy and to some extent Spain is one of the most productive industrial regions in the world. [2] [1]https://en.wikipedia.org/wiki/List_of_countries_by_GDP_sector_composition https://en.wikipedia.org/wiki/List_of_countries_by_GDP_secto... [2]https://en.wikipedia.org/wiki/Blue_Banana https://en.wikipedia.org/wiki/Blue_Banana
- 0xfaded 4y agoThank you for changing my mind on this one, the data clearly contradicts what I said. I'm not European, but I have been living in Scandinavia for the last 4 years. I think I overgeneralized based on what I've seen here.
- coliveira 4y ago> electronics being the exception You say this like it's a minor thing. In fact practically any product of real value in 2022 has to include advanced electronics. What this means is that the US manufacturing capacity is, with a few exceptions, based on legacy products that have for some reason being difficult to offshore (I imagine big household appliances, etc).