- U.S. manufacturing output is twice as high as it was in the early 1970s.
- American manufacturing output exceeds China's production by by nearly 46 percent.
- The U.S. share of world manufacturing output is essentially the same as it was in 1990.
- America manufactured more goods in 2009 than the combined total of Japan, Germany, Italy, and the UK.
Monday, February 07, 2011
Myths about American Manufacturing
Jeff Jacoby had a terrific article about the alleged demise of U.S. manufacturing in yesterday's Boston Globe. He presents a few interesting bits of data that would shock most people who read the business press these days: