3 ms·
Quit the hyperbole. https://fred.stlouisfed.org/series/IPMAN https://fred.stlouisfed.org/series/IPMAN https://www.brookings.edu/articles/global-manufacturing-
by turtlesdown11 2y ago
Quit the hyperbole.
https://fred.stlouisfed.org/series/IPMAN https://fred.stlouisfed.org/series/IPMAN
https://www.brookings.edu/articles/global-manufacturing-scorecard-how-the-us-compares-to-18-other-nations/ https://www.brookings.edu/articles/global-manufacturing-scor...
> Manufacturing constitutes 27 percent of China’s overall national output, which accounts for 20 percent of the world’s manufacturing output. In the United States, it represents 12 percent of the nation’s output and 18 percent of the world’s capacity. In Japan, manufacturing is 19 percent of the country’s national output and 10 percent of the world total. Overall, China, the United States, and Japan comprise 48 percent of the world’s manufacturing output.
- vpribish 2y agothank you. the catastrophizing that makes up so much of this site is such a dead-end. seems people rather engage in sensational fantasy instead of understanding. cheers
- jkubicek 2y agoWhere is the disconnect between the US being the #2 manufacturer in the world and my sense of doom and gloom about Trumps trade-war attack on our trading partners? I suspect it's this: > Advanced manufacturing technology development can be found throughout the United States. In Indiana for example, Rolls Royce, which makes jet engines, employs thousands of engineers. Zimmer Biomet makes surgical products in Warsaw, Indiana, a city that has become a national hub for orthopedic products. So much of what I buy as an individual is imported. My fruit comes from South America, my electronics come from Asia, my outdoor equipment comes from Canada (and the raw fabrics probably sourced from China).
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