{"id":347822,"date":"2025-09-05T20:49:50","date_gmt":"2025-09-06T01:49:50","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/09\/05\/hows-manufacturing-doing-econbrowser\/"},"modified":"2025-09-05T20:49:50","modified_gmt":"2025-09-06T01:49:50","slug":"hows-manufacturing-doing-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/09\/05\/hows-manufacturing-doing-econbrowser\/","title":{"rendered":"How\u2019s Manufacturing Doing? | Econbrowser"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-57903\">&#13;<br \/>\n\t\t\t\t<!-- .entry-header -->&#13;<br \/>\n&#13;<\/p>\n<div class=\"entry-content\">\n<p>Since \u201cLiberation Day\u201d, so-so:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/mfg_recession2a.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-57905\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/mfg_recession2a.png\" alt=\"\" width=\"993\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/mfg_recession2a.png 993w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/mfg_recession2a-300x174.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/mfg_recession2a-768x445.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/mfg_recession2a-624x362.png 624w\" sizes=\"(max-width: 993px) 100vw, 993px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Manufacturing employment, production and nonsupervisory workers (blue), aggregate worker hours (green), manufacturing production (tan), real value added (red), all in logs, 2022M10=0. Aggregate hours calculated by multiplying employment by weekly average hours. Source: BLS, Federal Reserve, BEA, and author\u2019s calculations.<\/em><\/p>\n<p>Manufacturing production (a gross measure) is at best flat since just before \u201cLiberation Day\u201d, while labor market indicators are unambiguously down. When tariffs are more fully implemented, will employment rise? I doubt it, but even if production is on-shored, I suspect automation will result in little net employment increase (see <a href=\"https:\/\/www.frbsf.org\/research-and-insights\/publications\/economic-letter\/2025\/09\/will-trade-uncertainty-boost-automation\/\">Firooz, Leduc, and Liu, 2025<\/a>).<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content -->&#13;<br \/>\n\t\t&#13;<\/p>\n<footer class=\"entry-meta\">&#13;<br \/>\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/09\/hows-manufacturing-doing\" title=\"5:31 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-09-05T17:31:06-07:00\">September 5, 2025<\/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 -->&#13;\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/09\/hows-manufacturing-doing\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] &#13; &#13; &#13; Since \u201cLiberation Day\u201d, so-so: Figure 1: Manufacturing employment, production and nonsupervisory workers (blue), aggregate worker hours (green), manufacturing production (tan), real<\/p>\n","protected":false},"author":1,"featured_media":347823,"comment_status":"closed","ping_status":"open","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\/347822"}],"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=347822"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/347822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/347823"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=347822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=347822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=347822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}