[snowwrestler]

Can you please supply a direct quote from one of those articles to support this assertion?

> The reality is that industrial production in the US is 15-20% less than it was 20 years ago.

I wonder how recently and carefully you have read these articles. For example, the Economist and Real Clear Policy pieces are directly contradictory on the subject of measuring value vs. price for electronics.

The Bloomberg piece is 8 years old. And even then, it says:

> After the adjustments, however, the new growth rate for manufacturing output might be as small as 0.8% a year,

Growth of 0.8% a year, while anemic, is not a decline.