Comment: Re:Dear USA (Score 1) 242
My mistake, and apologies. In that case, I guess you could say American manufacturing is largely centered around heavy equipment, highly engineered electronic components, aerospace, metals (steel and the like, of which America still has a good chunk of world manufacture) and generally things that wouldn't have a sticker on them. I know that caterpillar has almost half of it's manufacturing plants still in the USA. Things like that.
Generally speaking assembly isn't a big money maker and I imagine alot of countries try to move away from that as quickly as possible. Owning the design makes you much more money than fabbing the parts, which is what i'd imagine the main reason for our manufacturing decline is.
That being said, the western world is still a powerhouse of design and cutting edge technology. Even if third world nations become manufacturing powerhouses, they're still going to need stuff to manufacture, sure China maybe a giant in manufacturing but alot of the big ticket stuff they put into the higher quality products they build are still designed over here, and that's where a lion's share of the money is, which is why the first world hasn't gone bankrupt due to horribly expensive labor yet. We earn our keep on the global scale, designing stuff people still need, and want to buy.