[lbo-talk] US manufacturing sector

Doug Henwood dhenwood at panix.com
Sat Jan 12 12:05:40 PST 2008


On Jan 12, 2008, at 2:43 PM, Shane Taylor wrote:


> http://www.bea.gov/industry/index.htm
> (click the Interactive Tables for GDP by Industry)
>
> Value Added by Industry as a Percentage of Gross
> Domestic Product
> for Manufacturing
>
> 1993 : 15.6%
> 1996 : 15.5%
> 2003 : 12.4%

That's where I got the nums I cited the other day.


> The two sets of numbers for US manufacturing move
> alike, but why are they different? Do the World Bank
> numbers include something else?

Must be different coverage. I think the WB uses SIC classifications, for one, instead of NAICS.

Doug



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