7 ms·
The U.S. is still the second largest manufacturer in the world by a large margin [1][2] Like, yes, manufacturing's % of US GDP is low (and has been decreasing
by Brybry 2y ago
The U.S. is still the second largest manufacturer in the world by a large margin [1][2]
Like, yes, manufacturing's % of US GDP is low (and has been decreasing for a long time) and manufacturing employment is flat or slowly increasing but we're still making a lot of stuff.
[1] https://www.nist.gov/el/applied-economics-office/manufacturing/manufacturing-economy/total-us-manufacturing https://www.nist.gov/el/applied-economics-office/manufacturi...
[2] https://worldpopulationreview.com/country-rankings/manufacturing-by-country https://worldpopulationreview.com/country-rankings/manufactu...
- wakawaka28 2y agoI don't think we make a lot of stuff but we do make some of the most expensive stuff. So a lot of stats really don't reflect how unbalanced our trade is in real terms.