PeteM
Diamond
- Joined
- Jan 15, 2002
- Location
- West Coast, USA
IEEE article on the importance of manufacturing.
Advanced Economies Must Still Make Things - IEEE Spectrum
One take away: while our markets highly value the Facebooks of the world, manufacturing companies provide an order of magnitude more jobs . . .
In a quick look, I didn't find manufacturing GDP per capita for other countries beyond those in the IEEE article. But Switzerland, in addition to a much higher manufacturing GDP per capita than the US, also has about $30,000 per capita higher total GDP.
Given that Microsoft, Google, Facebook, etc. are all US companies and one assumes contribute to our GDP, the Swiss must clearly be doing something else right (one assumes, finance??). One can note (or not) the total GDP figures for Denmark and other European countries:
GDP per capita (current US$) | Data | Table
Advanced Economies Must Still Make Things - IEEE Spectrum
One take away: while our markets highly value the Facebooks of the world, manufacturing companies provide an order of magnitude more jobs . . .
In a quick look, I didn't find manufacturing GDP per capita for other countries beyond those in the IEEE article. But Switzerland, in addition to a much higher manufacturing GDP per capita than the US, also has about $30,000 per capita higher total GDP.
Given that Microsoft, Google, Facebook, etc. are all US companies and one assumes contribute to our GDP, the Swiss must clearly be doing something else right (one assumes, finance??). One can note (or not) the total GDP figures for Denmark and other European countries:
GDP per capita (current US$) | Data | Table
