Comment Re:Nothing to see here.... (Score 1) 303
Actually, "US Manufacturing is alive and well. The real issue is manufacturing employment, which is dropping like a stone. And the reason for the drop is an increase in productivity. "
"Since 1960, the index of industrial production has risen from a little below 30 to its current level of about 100. And the increase is continual -- meaning the number didn't just hover around 30 for most of that time only to spike up in one big move. The index has continually risen over that entire period."
http://www.fivethirtyeight.com/2010/02/us-manufacturing-is-not-dead.html