Industrial Insight

Manufacturing | January 9, 2017

https://www.theatlantic.com/business/archive/2017/01/america-is-still-making-things/512282/?utm_source=feed

In some ways, the whole narrative that manufacturing is disappearing is flawed, Hicks says. Manufacturing, like most other industries in America, has modernized and become more sophisticated over the decades. To be sure, it employs millions fewer people than it did in the past. But manufacturing still makes up about 12.5 percent of America’s gross domestic product, the same as it did in 1960. People who can work in modern manufacturing—those with computer skills and advanced degrees—are in demand. The average manufacturing worker now makes $26 an hour, according to the Bureau of Labor Statistics.

Advertisements

Posted in Uncategorized

Leave a Comment »

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: