[Sixstrings]

$this->bbcode_second_pass_quote('', '#')1 The United States has lost approximately 42,400 factories since 2001. About 75 percent of those factories employed over 500 people when they were still in operation.

#2 Dell Inc., one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

#3 Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina in November. Approximately 900 jobs will be lost.

#4 In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.

#5 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.

#6 As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.

#7 The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.

#8 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.

#9 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.

#10 Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul, Minnesota. Approximately 750 good paying middle class jobs are going to be lost because making Ford Rangers in Minnesota does not fit in with Ford's new "global" manufacturing strategy.

#11 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

#12 In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.

#13 The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.

#14 In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.

#15 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

#16 Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.

#17 The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.

#18 One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

#19 The U.S. Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept.
http://theeconomiccollapseblog.com/archives/19-facts-about-the-deindustrialization-of-america-that-will-blow-your-mind

[dolanbaker]

You could run a similar story for the UK or Ireland, both have adopted the "American Model" as well. Dell for example followed the cheap labour route, leaving the US to Ireland (plus a large dose of "good Friday money") then upping sticks to Poland.

[Tanada]

Too many people living in desperate poverty willing to work for just enough to clothe feed and shelter their family and a global trade policy with no tariffs make this inevitable. As long as virtually free labor is coupled with low cost transport jobs will always flow to the cheap labor choice.

[Windmills]

Barring a dramatic rise in shipping costs, this trend has a great deal of life left in it. If the price of oil remained stable, bleeding out jobs to the rest of the world would go on for many decades, perhaps even longer. It would easily continue until the US manufacturing sector was extinct, along with any other jobs that could be sent overseas. I doubt that manufacturing is the only at-risk sector. Unless the employees for a particular job need to be physically here in the US, the job will be exported. If technology like robotics coupled with remote controls can do your job from Asia, don't expect that vocation to last much longer in this country. It almost makes you wish for peak oil.

[Keith_McClary]

$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('', '#')2 Dell Inc., one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

#3 Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina in November. Approximately 900 jobs will be lost.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('', '#')18 One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('', '#')1 The United States has lost approximately 42,400 factories since 2001. About 75 percent of those factories employed over 500 people when they were still in operation.

[diemos]

$this->bbcode_second_pass_quote('Daniel_Plainview', 'W')e wish China the best of luck in finding the energy resources to accomplish that feat ....

[Daniel_Plainview]

$this->bbcode_second_pass_quote('diemos', '')$this->bbcode_second_pass_quote('Daniel_Plainview', 'W')e wish China the best of luck in finding the energy resources to accomplish that feat ....

[Keith_McClary]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('Keith_McClary', 'I') "manufactured" my computer. This involved screwing Asian made components into a Chinese box and plugging in a few cables.

[Keith_McClary]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('Keith_McClary', 'I') also "manufactured" my stereo system by placing Asian-made components on an Asian-made shelf unit and plugging in some Asian-made cables.

[Tanada]

It will all be over soon. Then when China can't sell to us because we are so broke they might find that their own population is wiser than we are.

[Cloud9]

This is what we are up against. http://www.mcclatchydc.com/2010/09/16/1 ... river.html

Until our living standard matches theirs, we have more ground to lose.

[MarkJ]

Locally, GlobalFoundries/AMD is building a 4.6 Billion Dollar chip fab in Upstate New York's Saratoga County which is creating thousands of construction jobs, fab related jobs, spin-off jobs and a construction boom.

Much of the growth in manufacturing is in the high tech sector.

$this->bbcode_second_pass_quote('', 'L')eading semiconductor companies from around the globe are choosing to invest their futures here because New York is one of the largest and richest consumer and business markets in the world. As home to IBM’s most technologically advanced 300-mm fab, Sematech North and Tokyo Electron’s newest research and development facility, New York has assembled the assets necessary for nanotechnology to thrive. The following companies either have operations in New York or partner with our research institutions.

[MarkJ]

$this->bbcode_second_pass_quote('', 'T')he U.S. Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept.

[ian807]

How de-industrialization plays out isn't at all obvious.

F'rinstance. China's export economy. Hell, all of today's export economies for that matter, depend on cheap oil.

After oil depletion starts and prices rise, cheap shipping slowly disappears. Maybe not so slowly if Russia, Iran, Iraq and others all decide one day to stop selling oil and keep it for themselves. I'd do that if I were them. I'd do it sooner rather than later.

If that happens, you can bet that things like plumbing pipe and solar panels are going to be cheaper to manufacture locally.

Bottom line? Manufacturing will probably come back the the USA. We might not like the wages, but I expect that nobody is going to starve and that there will be work for anyone who's willing and able to look for it. It won't happen tomorrow, but I'd be surprised if it didn't happen within the next 15 years.