The 10th Largest Economy In The World Is...The US Manufacturing Sector?

Here’s an interesting way of looking at some otherwise dry economic data.

Yesterday, the Bureau of Economic Analysis published a durable goods report that included GDP by industry for 2011.  According to the report, U.S. manufacturing output reached $1.837 trillion.

Professor Mark Perry of the Carpe Diem blog wanted to see how that number stacked up relative to the world’s GDP readings.

Here’s the result:

chart

Photo: Carpe Diem

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