My First Diary Entry!

The US Manucturing Base is far from dead. Looking at some historical numbers we see:

Country
1990
1995
2000
2005
2006
2007
2008

USA
1,041
1,289
1,543
1,624
1,712
1,756
1,831

China
145
300
484
734*
891*
1,106*
1,399**

Japan
810
1,219
1,034
979
927
923
1,045

Germany
438
517
392
571
608
711
767

Italy
240
226
206
295
302
345
381

United Kingdom
206
218
226
264
295
323
323

France
200
233
190
255
255
287
306

Russian Federation
120
64
45
124
157
206
256

Brazil
120
125
96
137
163
201
237

Korea
66
131
136
211
234
260
231

Spain
112
104
98
160
170
196
222

Mexico
62
67
133
154
175
182
197

Canada
92
100
129
168
182
197
195

India
51
61
69
122
141
177
188

Hat tip for this chart from Curious Cat Investment and Economics Blog at curiouscat.com where you can seek further detail on numbers. Chart Based on the latest UN Data, for global manufacturing, in billions of current US dollars. 

This chart gives an overview on the scale of US manufacturing compared to other of the worlds industrialized economies. The sheer magnitude of U.S. manufacturing prowess is good to keep in mind when we start whining about how the US industrial base has disappeared offshore; is shrinking so fast that we will soon be overtaken by China, Brazil and India; or that unions are destroying same.

If you were to look at the 2008 manufacturing  numbers per capita an even starker picture of how much each individual American produces emerges. From the World Fact Book 2008 we see:

USA Population estimate 2008: 301,139,967

China population estimate 2008: 1,321,851,888

Brazil population estimate 2008: 190,010,647

India population estimate 2008: 1,129,866,154

Lets round the population number to the nearest million and then look at manufacturing per capita, if I did my math correctly……we see:

USA per capita manufacturing dollar value: $6,083

China per capita manufacturing dollar value: $1,058

Brazil per capita manufacturing dollar value: $989

India per capita manufacturing dollar value: $210

The United States Manufacturing base is the largest in the world by any measure and American workers are the still the most productive in the world, and should remain so for a long time to come! Let’s us keep these numbers in mind, and in proper perspective, when we whine about losing all those jobs to offshore manufacturing or unions, which in 2006 were only 11.6% of the manufacturing workforce, destroying our manufacturing base, or that ANY other country will overtake the US in manufacturing per capita anytime soon.