Though it's (a) smaller share of GDP compared to the 'good old days' of the 1950-60s, and (b) does not need as many workers because of automation. This is true in a lot of industries: various seaports have never imported/exports more goods, but have fewer dockworkers than decades ago because of containerization and giant cranes.
Though one problem is of 'concentrated loss': if a town/area was dependent on one factory (or industry), then it could be especially heavily hit because of that single point of failure.
Manufacturing output in the US is at an all-time high:
* https://en.wikipedia.org/wiki/Manufacturing_in_the_United_St...
* https://en.wikipedia.org/wiki/Manufacturing_in_the_United_St...
Though it's (a) smaller share of GDP compared to the 'good old days' of the 1950-60s, and (b) does not need as many workers because of automation. This is true in a lot of industries: various seaports have never imported/exports more goods, but have fewer dockworkers than decades ago because of containerization and giant cranes.
Though one problem is of 'concentrated loss': if a town/area was dependent on one factory (or industry), then it could be especially heavily hit because of that single point of failure.