Of course manufacturing shrinks. It’s all in China at 80cents an hour on a 12 hour day for the “free” people of south China and at slave prices in the prison camps with up to 2 million people.
That, by the way, is not FREE MARKET COMPETITION! Just like with John Roberts, there’s no way to put lipstick on that pig.
All your manufacturing jobs are belong to us Chinese.
The US will stay mired in recession until they return.