Manufacturing output has been ~monotonically increasing except during the great recession for the past 3 decades. Jobs though have been basically monotonically decreasing.
We're still getting the strategic benefits of more manufacturing, just have fewer people getting their thumbs cut off in stamping machines or melted alive in steel mills.
Manufacturing output has been ~monotonically increasing except during the great recession for the past 3 decades. Jobs though have been basically monotonically decreasing.
We're still getting the strategic benefits of more manufacturing, just have fewer people getting their thumbs cut off in stamping machines or melted alive in steel mills.