Why are we losing manufacturing jobs?

Eric Fisher

Economic Commentary, 2004, issue Jul

Abstract: In the last 50 years, the share of employment in manufacturing has declined in the United States. The main reason for this phenomenon is labor-saving technological progress. Variation among state tax polices and international economic conditions have played only minor roles. The source of future prosperity will be technological advances in a service-oriented economy.

Keywords: Labor market; Manufactures (search for similar items in EconPapers)
Date: 2004
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