I don’t know about you folks, but something smells rather rotten here. Either the classification of what manufacturing truly is has been changed, or these numbers are collected in a manner different that what they used to be.
Let’s not forget that our populace has grown considerably also. That alone would bump numbers up over time, even if a lot of jobs had left.
Figures lie and liars figure.
All I know is that I live in an area that was once an industrial powerhouse. Now it’s retail or welfare.
You rememer the Clinton job numbers? Lots of folks lost good paying jobs and ended up going to temp services to do two and three jobs making a lot less than they made on one.
I think the answer is both.
Those figures include manufacturers who have outsourced to China. They are considered American manufacturers after all. They merely employ the Chinese. No one can go to Buffalo New York (steel), Georgia (Garment), Ohio (steel and chemical), or PA (steel and chemical) without seeing what free trade has done to American industry.