Tag: manufacturing jobs
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Manufacturing Goes High-End and the USA is Still the Global Leader
Carpe Diem (Mark Perry): Made in USA Is Alive and Well: Manufacturing Goes High-End and the USA is Still the Global Leader Despite downturn and dire outlook for factories, value of American-made goods still leads world. WASHINGTON(AP) — It may seem like the country that used to make everything is on the brink of making…
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Industrial Output Graphs
Two interesting posts on industrial output recently. First, Greg Mankiw shows this graph and wants to know if someone forgot to tell the IP data that we are in a recession. Mark Perry presents this chart that shows the change in industrial output and manufacturing jobs since 1960. This is evidence that the decline in…
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The Impact of American Manufacturing Productivity
The media is filled with stories today about Obama and Clinton, each trying to anti-NAFTA each other. Mark Perry has a fascinating post today about this at Carpe Diem (Home of the coolest economics graphs on the web.) First, there is this graph: This normalized to 2002 output levels. Except for the dip due to…