Is American Manufacturing Worse Than During the Great Depression?

by Bill Fester on March 31, 2012

in Industries, Jobs

From PlantServices.com

According to a new report from Information Technology and Innovation Foundation (www.itif.org), in the 2000s, U.S. manufacturing suffered its worst performance in American history in terms of jobs. The report, titled Worse Than the Great Depression: What the Experts Are Missing About American Manufacturing Decline, explains that not only did America lose nearly six million manufacturing jobs in the last decade but the decline as a share of total manufacturing jobs (33 percent) exceeded the rate of loss in the Great Depression.

 

See the full report.

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