[barry-cotter]

The US is extremely close to its peak in manufacturing.

> Total production of U.S. factories peaked in 2007 before falling by 18% during the Great Recession, according to the Federal Reserve’s industrial production report, which measures the volume of goods produced rather than the market value of those goods. The manufacturing sector has nearly recovered from the recession; output in 2015 was within 3% of the 2007 level.

https://www.marketwatch.com/story/us-manufacturing-dead-outp...

[freeAgent]

We should also consider adjusting for population, if not consumption, when talking about how close we are to “peak” manufacturing output. GDP per capita means a whole lot more than straight GDP. We should apply the same logic to conversations about American manufacturing.