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A comment on Money Pours into New Fabs and Facilities. Parent comment

Re:Money Pours into New Fabs and Facilities by nottorp on Tuesday January 09, 2024 @02:36AM (#38923428)
> it's easily the highest it's ever been - almost 40% higher than 10 years previous

Just to nitpick, the first inflation calculator i opened told me us inflation rate across the last 10 years has been 31.8%. So there has been some growth but not as much as you make it look.

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Re:Money Pours into New Fabs and Facilities by andruby on Tuesday January 09, 2024 @05:08AM (#38924315)
Addition the inflation context is great and does indeed make it seem less high. I think OP was mostly saying that manufacturing hasn't decreased, which is what the public narative is proclaiming.
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Re:Money Pours into New Fabs and Facilities by vikingerik on Tuesday January 09, 2024 @10:44AM (#38927395)
Per capita matters too. The total hasn't decreased but hasn't increased either considering that. Besides the 30% inflation, there was also ~10% population growth in the ten years. The nominal 40% dollar value is entirely accounted for by those. US manufacturing is entirely stagnant in real terms per capita.
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Re:Money Pours into New Fabs and Facilities by dragonelite on Tuesday January 09, 2024 @05:12AM (#38924350)
To use dollars produce given the amount of official or "real" inflation is kind of bad. How much electricity was used in industry, how much units of something were produced etc is a lot more interesting to keep track of.
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