[lbo-talk] US manufacturing sector

Doug Henwood dhenwood at panix.com
Sat Jan 12 14:52:29 PST 2008


On Jan 12, 2008, at 5:39 PM, (Chuck Grimes) wrote:


> So I would say for every statistic of US manufacture, start by
> multiplying by something less than 1, like .7 or .6 and then use the
> result. The rational is that only about 60 to 70% of what is listed as
> US manufacture is US manufacture. The rest is simply outsourced and
> comes in the factory off the back loading docks.

The bean-counters do try their best to take all this into account. They're not perfect, and it's hard work, but they are onto this, you know.

Doug



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