USA's manufacturing statistics is weird. There are a lot of "manufacturing" companies with billions in revenue without a single factory in USA.
First, it is funny accounting, second, it is LOWER productivity of most companies, not higher, which is counter-weighted in statistics by few supergiant companies like Boeing, third, it is slow shift to lower value goods, and processes in smaller companies, and sky higher ones in big ones.
First, it is funny accounting, second, it is LOWER productivity of most companies, not higher, which is counter-weighted in statistics by few supergiant companies like Boeing, third, it is slow shift to lower value goods, and processes in smaller companies, and sky higher ones in big ones.