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Contrary to myths that we’ve stopped ‘making’ things in the United States, we already manufacture a lot of stuff here. In fact, we manufacture nearly the most ‘stuff’ on record, as measured by the inflation-adjusted value of those products. We just happen to make that stuff with fewer workers than we used to, because technological advances have led to huge productivity gains.”

Catherine Rampell, The Washington Post, September 8, 2022

U.S. manufacturing labor productivity since peak*: +4.00%

U.S. manufacturing employment since then: -7.18%

U.S. after-inflation manufacturing production since then: -3.58%

*December, 2007

(Sources: “The myth of the manufacturing comeback,” by Catherine Rampell, The Washington Post, September 8, 2022, https://www.washingtonpost.com/opinions/2022/09/08/biden-manufacturing-made-america/; “Labor productivity (output per hour),” Series Id: PRS 30006093, Major Sector Productivity and Costs, Databases, Tables & Calculators by Subject, Data Tools, U.S. Bureau of Labor Statistics, U.S. Department of Labor, https://data.bls.gov/pdq/SurveyOutputServlet; All employees, thousands, manufacturing, seasonally adjusted,” Series Id: CES3000000001, Employment, Hours, and Earnings from the Current Employment Statistics survey (National), Ibid.; & “Industrial Production, Seasonally Adjusted,” Data for Tables 1, 2, and 10 (to July 2022), Industrial Production: Market, Industry Groups, and Individual Series, Historical Data: Tables 1, 2, and 10, Industrial Production and Capacity Utilization – G.17, Data, Board of Governors of the Federal Reserve System,https://www.federalreserve.gov/releases/g17/ipdisk/ip_sa.txt)