Susan Houseman

Susan Houseman, Vice President at the Upjohn Institute, dives deep into the nuances of the manufacturing sector. She challenges conventional beliefs about manufacturing growth, arguing that most increases are tied to computer production while other areas stagnate. Houseman suggests that trade, not productivity, is the real culprit behind employment declines. She also discusses the complexities of measuring manufacturing output and employment, emphasizing how quality adjustments impact our understanding of inflation and living standards.