Two Years After Stellantis Opens Detroit's First Auto Plant in Three Decades, Tesla Gigafactories Dot The U.S. from New York to Texas
Manufacturing has long been seen as on the decline in the US. Despite still accounting for well over $2 trillion in GDP, the once foundational sector has been waning since its height in the middle of the 20th century. Through much of the 50s, manufacturing accounted for over 25% of GDP and over 30% of jobs. Today those numbers have fallen to 11% and under 8%, respectively. A Competitive Edge? The US labor market is extremely competent and generally intelligent. So, what the US lacks in access to
Source: yahoo.com
