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.
[ Parent
| on HN ]
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.