A lot for a producing renaissance, post-“Liberation Day”.
Determine 1: Manufacturing manufacturing (blue), worth added in 2017$ (crimson), employment (tan), hours (gentle inexperienced) all in logs, 2024M04=0; and capability utilization (NAICS), % (black, proper scale). Mixture hours of manufacturing staff calculated by multiplying common weekly hours by staff. Supply: Federal Reserve, BEA, BLS, and writer’s calculations.
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