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Amtrak a victim of getting closer to sucess?
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<p>[quote user="henry6"]</p> <p>And why not? If the economy fails because all manufacturing is done off shore the only thing left to move on rails will be people! [/quote]</p> <p>This is a post that I made on another thread regarding American manufacturing. It is worth copying here:</p> <p>The U.S. is still the largest manufacturing country in the world. According to the National Association of Manufacturers, the U.S. share of world manufacturing in 2010 was just over 21%, which is about where it was in 1995. It has hovered around 20% of the world total since 1982. Manufacturing in the U.S. has increased every year since 1982, except for the recessionary years of 1990-91, 2000-01, and 2007-08. </p> <p>The Japanese account for approximately 12% of the world's manufacturing, down from 21% in 1995. Chinese manufacturing represents 15% of the world total, up from approximately 4% in 1995.</p> <p>The value of U.S. manufacturing grew from approximately $875 billion in 1995 to approximately $1.6 trillion in 2010. Taken alone U.S. manufacturing would be the 9<sup>th</sup>largest economy in the world. </p> <p><i>I have withdrawn the NAM number regarding manufacturing employment and compensation. Unfortunately, several people missed the key point, i.e. the U.S. is still the largest manufacturing country in the world, and instead jump on essentially irrelevant points.</i></p> <p><i>Suffice it to say that the differences between the BLS statistics, which deal only with employment and the NAM numbers, are mostly a function of timing, categorization, location, and the statistical methodologies used by the BLS.</i></p> <p> </p>
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