Is the manufacturing sector in the U.S. dead? Not exactly. Actually, not even close to it.
Employment in the manufacturing sector may be down, but the dollar output is high.
Consider two questions:
- What country in the world has the largest amount of manufacturing?
- If manufacturing in the U.S. was a separate country, where would it rank compared to GDP of other countries?
Would this be your response?
- Lots of places other than the U.S.
- really low
Guess again.
Correct answer: Read more…
