{"id":221532,"date":"2024-04-08T02:35:46","date_gmt":"2024-04-08T02:35:46","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/08\/manufacturings-progress-econbrowser\/"},"modified":"2025-06-25T17:19:07","modified_gmt":"2025-06-25T17:19:07","slug":"manufacturings-progress-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/08\/manufacturings-progress-econbrowser\/","title":{"rendered":"Manufacturing\u2019s Progress | Econbrowser"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-51762\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Output, employment and value added:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/04\/mfgpix.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-51763\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/04\/mfgpix.png\" alt=\"\" width=\"835\" height=\"532\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/04\/mfgpix.png 835w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/04\/mfgpix-300x191.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/04\/mfgpix-768x489.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/04\/mfgpix-624x398.png 624w\" sizes=\"(max-width: 835px) 100vw, 835px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Manufacturing production (black), manufacturing employment (tan), real value added (teal bars), all in logs, 2021M01=0. Source: FRB, BLS, via FRED, BEA, and author\u2019s calculations.<\/em><\/p>\n<p>Real value added and employment are about 6% higher than when Biden took office. Manufacturing production (which is a gross measure) is only about 2% higher.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/04\/manufacturings-progress\" title=\"5:39 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-04-07T17:39:03-07:00\">April 7, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/04\/manufacturings-progress\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Output, employment and value added: Figure 1: Manufacturing production (black), manufacturing employment (tan), real value added (teal bars), all in logs, 2021M01=0. Source: FRB,<\/p>\n","protected":false},"author":1,"featured_media":221533,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/221532"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=221532"}],"version-history":[{"count":2,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/221532\/revisions"}],"predecessor-version":[{"id":329971,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/221532\/revisions\/329971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/221533"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=221532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=221532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=221532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}