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America Manufacturers Twice As Much As China May 27, 2009

Posted by tkcollier in Economy & Business, Geopolitics.
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smeltingThe death of American manufacturing has been greatly exaggerated. According to U.N. statistics, the U.S. remains by far the world’s largest manufacturer, producing nearly twice as much value as No. 2 China. Since 1990, U.S. manufacturing output has grown by nearly $800 billion — an amount larger than the entire manufacturing economy of Germany, a global powerhouse.

But growth does not mean jobs. While sales soared (at least until the recession), manufacturing employment sank. Using constantly improving technology to make more-valuable goods, American workers doubled their productivity in less than a generation — which, paradoxically, rendered millions of them obsolete.

Raised on images of Carnegie and Ford, we rue the loss of once smoky, now silent megaplants but are blind to the small and midsize companies replacing them. Ultimately, what’s endangered is not U.S. manufacturing. It is our deeply ingrained cultural image of the factory and its workers.

via Yes, We’ll Still Make Stuff – The Future of Work – TIME.

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1. Our New Economy « Terryorisms - September 20, 2009

[…] Business. Tags: Economy & Business, Manufacturing trackback The U.S. remains the world’s largest manufacturing nation, larger than China or anyone else.  Many of these manufactured goods are sold outside of the […]


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