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Explore the root causes behind the decline in U.S. manufacturing plants, revealing complex issues beyond outsourcing. Analyze data on closures, sales, imports, and exports. Understand the shift in manufacturing trade dynamics. Presented by Dan Meckstroth, Ph.D., Vice President, and Chief Economist at dmeckstroth@mapi.net.
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The Decline in Number of U.S. Manufacturing PlantsA Problem Much Deeper Than Runaway PlantsPA-116 Presented by: Dan Meckstroth, Ph.D. Vice President and Chief Economist dmeckstroth@mapi.net
Figure 1 – Manufacturing Plant Closings and Openings Source(s): U.S. Bureau of Labor Statistics
Figure 2 – Number of Manufacturing Plants Source(s): U.S. Bureau of Labor Statistics and MAPI
Figure 3 – U.S. Manufacturing Affiliates’ Sales by Destination Source(s): U.S. Bureau of Economic Analysis and MAPI
Figure 4 – Manufacturing Gross Output and Intermediate Purchases Value-Added Source(s): U.S. Bureau of Economic Analysis and MAPI
Figure 5 – Manufacturing Imports’ Share of Intermediate Purchases of Manufactured Goods Source(s): U.S. Bureau of Economic Analysis and MAPI
Figure 6 – Manufacturing Plants and Share of Economic Output Source(s): U.S. Bureau of Economic Analysis and U.S. Bureau of Labor Statistics and MAPI
A Sign of Progress: Manufacturing Trade Is Moving in a Favorable Direction Figure 7 – Import and Export Shares in Manufacturing Source(s): U.S. Bureau of Economic Analysis and MAPI
Figure 8 – Manufacturing Net Exports (Exports Minus Imports) Source(s): U.S. Bureau of Economic Analysis and MAPI