Comment by like_any_other

12 days ago

> Thing is, manufacturing in America is up.

I'm looking at the first chart, "Manufacturing Sector: Real Sectoral Output for All Workers" [1]. It grew until Q2 2000, when it was at 97.2. In Q4 2024 it was at 98.6. And let's not ignore how almost all leading semiconductor manufacturing (which are in and required for nearly everything) has moved to East Asia.

[1] https://fred.stlouisfed.org/series/OUTMS

2 comments

like_any_other

cutemonster 12 days ago

This one also bad, stagnant last 15 years:

https://fred.stlouisfed.org/series/OPHMFG

Labor Productivity (Output per Hour) for All Workers

like_any_other 11 days ago

I didn't notice it before, but these are not per capita numbers. In 2000, the US population was 281 million, and in 2024 it was 340 million [1]. So per capita, manufacturing went from 97.2 in 2000, to 81.5 in 2024.

[1] https://en.wikipedia.org/wiki/Demographics_of_the_United_Sta...