Re:Chinese airline completes maiden passenger flight with do...
by xxpor on Wednesday December 30, 2020 @05:17PM
(#25586851)
The US has always done high end manufacturing. The difference from the 70s is that it requires a lot fewer humans. Manufacturing output in the US is up ~75% from 1998-2017:
https://www.macrotrends.net/countries/USA/united-states/manu...
Yet employment is down ~4 million people in the same period:
https://fred.stlouisfed.org/series/MANEMP
Edit: Here's a FRED blog post talking about the same thing: https://fredblog.stlouisfed.org/2014/12/manufacturing-is-gro...
Also, it may be that globalization is coming for them next but that they are higher up the hierarchy.
There seems to be a reawakening towards manufacturing in the US with electric cars and rockets. It’s not just Tesla and SpaceX. It’s Rivian, Rocket Lab, Virgin Galactic, etc... I hope it strengthens.