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Manufacturing’s job crisis

Manufacturing’s job crisis. Productivity, demand, and trade. Productivity. Demand. Trade deficit in manufactures. An accounting framework. 1998-2003. 2000-2003. 2001-2003. A closer look: durable vs. non-durables. Contributions to job-loss: 1998-2003. Contributions to job-loss: 2000-2003.

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Manufacturing’s job crisis

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  1. Manufacturing’s job crisis

  2. Productivity, demand, and trade

  3. Productivity

  4. Demand

  5. Trade deficit in manufactures

  6. An accounting framework

  7. 1998-2003

  8. 2000-2003

  9. 2001-2003

  10. A closer look: durable vs. non-durables

  11. Contributions to job-loss: 1998-2003

  12. Contributions to job-loss: 2000-2003

  13. Contributions to job-loss: 2001-2003

  14. Productivity growth: durables vs. non-durables

  15. Productivity: Durables – NAICS 3341 and 3344

  16. Manufactures trade deficit + Value of the dollar

  17. Real, broad $ index: Time to breathe easy?

  18. Broad, major vs. OTIP indices

  19. Top 6 Deficit trading partners

  20. Deficit-weighted exchange rate change

  21. Policy options • 1) Dollar policy: continue negotiations with countries that peg their currency for competitive advantage • 2) Legacy cost relief for retiree health and pension benefits • 3) Health care, as always

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