Deindustrialization was mostly done in the 1970s, with factory employment as a share of the labor force peaking in the 1950s. Moreover a strong dollar lowers th

Deindustrialization was mostly done in the 1970s, with factory employment as a share of the labor force peaking in the 1950s. Moreover a strong dollar lowers the cost of imported inputs, say iron ore, so it isn’t all bad news for manufacturing. Exports also aren’t the only markets for finished goods. I’d also point out that the US manufacturers more cars than ever, and makes basically as much steel as it ever has. Sure, no one sees t-shirts anymore.