M. Porcius Cato's Blog

A blog by M. Porcius Cato in General

Followers 0

entries
36
comments
173
views
48,205

Fact Check #1: State of U.S. Manufacturing

Entry posted by M. Porcius Cato September 22, 2007

1,741 views

Followers 0

I'm constantly stunned by the media's misrepresentation of economic facts. Consider the oft-repeated claim that the US manufacturing sector is "ailing", "hard hit", "dying", and all the rest. Why you'd think it was the Roman republic! Well, it is--strong and healthy, but terribly misunderstood.

Here are the real statisticsabout U.S. manufacturing in 2006: