January 2014

Question: Is the United States economy now in a “Post-Industrial, Service Sector” phase?

To answer, here are some interesting facts, as compiled by the National Association of Manufacturers, the leading trade group representing the U.S. manufacturing sector. In 2012, manufacturers contributed $1.87 trillion to the economy, up from $1.73 trillion in 2011. This was 11.9 percent of GDP. For every $1.00 spent in manufacturing, another $1.48 is added …

Question: Is the United States economy now in a “Post-Industrial, Service Sector” phase? Read More »