People always talk about how the US has "lost" manufacturing. It's still the second largest manufacturer by a huge margin (three times the next highest, 15.5% of world output vs 5%), only being beaten out by China (27.5%). And, when compared per capita, it out-manufactures even China.

The numbers: https://en.wikipedia.org/wiki/Manufacturing#List_of_countrie...

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pchristensen 3 hours ago | parent [-]

2nd largest manufacturer by dollar value, not overall activity, employment, share of employment, value relative to other industries, percentage of consumption manufactured domestically, etc etc etc. America's manufacturing is specialized on highly valuable outputs.

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fasterik 3 hours ago | parent [-]

So what is the metric we should use to determine whether the U.S. has "lost" manufacturing, or "brought it back"? What should the target be?

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