Has the Death of American Manufacturing Been Exaggerated?
The sector has shrunk, but remains a significant part of the economy.
Manufacturing’s share of U.S. employment has been on a steady since the end of World War II. In May, the figure touched 8.48 percent, the lowest level since the Labor Department first began keeping records in 1940. The decline has been to the growth in income inequality, the of the American middle class, and the of populist politics. But as the country appears to rethink free
