Abstract: Some policymakers continue to favor the idea of using trade barriers to protect US. manufacturing industries. In some measure, this view is based on a perception of underlying weakness in the US. manufacturing sector. There is a fear that the manufacturing sector is dying-or at the very least, that its importance to the economy is shrinking. This Economic Commentary offers some alternative perspectives on the trends in manufacturing.
Publication Year: 1985
Publication Date: 1985-07-15
Language: en
Type: article
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Landing Page URL: https://www.clevelandfed.org/~/media/content/newsroom and events/publications/economic commentary/1985/ec 19850715 is manufacturing disappearing pdf.pdf