Manufacturing jobs in the United States have been declining. How has this shift away from industry...

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Economics

Manufacturing jobs in the United States have been declining. Howhas this shift away from industry affected your local economy? Yourlocal identity?

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The US economy has been shedding manufacturing jobs since 1998 with the current level of manufacturing employment at its lowest point since 1958 Some have argued that this could be the manifestation of changing demand patterns and rapid productivity growth in this sector This argument is often linked to admonitions against those who would blame international trade flows for the loss of manufacturing jobs in the United States It is premature to shift responsibility for the struggles of the manufacturing industry away from international trade Demand for manufacturing output properly measured remains in line with the historical average of the past couple of decades There has been no longterm shift away from the relative share of manufacturing goods in total demand Furthermore the See Answer

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