Ok thank you for finding more up-to-date data for US manufacturing GDP. Let's re-do the analysis with 2025 data, because I draw the line at using annualized data for a year that has not yet ended.
So you were very much closer to the 3 trillion figure (again, 2026 annualized data is not current, it's forecast). Still quite off from the 1/5th of total. About the same as the EU - 3.03 trillions for 2025 (https://www.macrotrends.net/global-metrics/countries/euu/eur...)
In terms of participation in world total the US has come down from 22.44% in 1997 to 16.82% in 2025 losing 5.38 percentage points or a loss of over 1/5th in less than 30 years.
I'd say there is some justification to claim a decline in US manufacturing.
Again thank you for engaging productively and providing up to date data. I feel like I should offer praise as I chastised you for cursing at me for using data 4 years out of date.
Ok thank you for finding more up-to-date data for US manufacturing GDP. Let's re-do the analysis with 2025 data, because I draw the line at using annualized data for a year that has not yet ended.
World total: 17.6 trillion (https://data.worldbank.org/indicator/NV.IND.MANF.CD?location...) US: 2.961 trillion, 16.82% of world China: 4.82 trillion, 27.38% of world total
So you were very much closer to the 3 trillion figure (again, 2026 annualized data is not current, it's forecast). Still quite off from the 1/5th of total. About the same as the EU - 3.03 trillions for 2025 (https://www.macrotrends.net/global-metrics/countries/euu/eur...)
In terms of participation in world total the US has come down from 22.44% in 1997 to 16.82% in 2025 losing 5.38 percentage points or a loss of over 1/5th in less than 30 years.
I'd say there is some justification to claim a decline in US manufacturing.
Again thank you for engaging productively and providing up to date data. I feel like I should offer praise as I chastised you for cursing at me for using data 4 years out of date.