Keeping it Simple | Ep. 23: The Great Rupture! I'll take your Freedom and raise you Happiness.
Keeping it Simple with Simplify Asset Management
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The Manufacturing Revolution Is Occurring in the US
Manufacturing output in the US for about 20 years until 2008 was only growing about 1%. And against global growth rates of three and a half 4% that US was consistently losing global market share. Over the last decade or so, US manufacturing output started to grow at more like three three and ahalf percent. So you start to match global numbers so US no longer is losing relative market share. It's a true manufacturing revolution is occurring but then if you look at investments, and if I look at employment you don't see that in a sense. If you think of non residential private fixed as investment in the U.S. it doesn't get much attention.
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