Think manufacturing in the US is dead? Ha! While the number of manufacturing jobs in the US has indeed fallen, it’s coincided with a boom in manufacturing productivity. Check out GDP on a per-employee basis — it has soared as the industry has moved up the food chain. What’s disappearing though is low end, low-wage work, which is not surprising given our advanced economy.
Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it). Sign up below!
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.