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Amtrak a victim of getting closer to sucess?
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<p>[quote user="schlimm"]</p> <p> </p> <blockquote> <div><img src="/TRCCS/Themes/trc/images/icon-quote.gif" /> <strong>Sam1:</strong></div> <div> <p> </p> <p> </p> <p> </p> <p>I<i>Unfortunately, several people missed the key point, i.e. the U.S. is still the largest manufacturing country in the world, and instead jumped on essentially irrelevant points.</i></p> <div style="clear:both;"></div> <p> </p> </div> </blockquote> <p> </p> <p>Perhaps it depends on what is actually being measured and the definition of manufacturing. You have missed the point, and it is is hardly irrelevant. <i> </i>The NAM jobs numbers (17 million) are much higher than BLS numbers (8 million). It isn't because of an error, not is it timing or methodologies. It is a case of the NAM including jobs that the BLS does not consider production and those jobs in turn represent entire sectors, that when added on give an inflated total for how much real manufacturing is going on in the US. Look at the long list of production jobs from the BLS. What manufacturing jobs are there which aren't included in that list? Some other jobs that the NAM wishes to include because the company is a member? Perhaps some corporations that belong to the NAM used to be heavily into manufacturing and now are not.? Perhaps the NAM includes final assembly of imported parts, where the American portion of value-added is relatively small, yet that final value is tabulated in the total for American manufacturing?<i></i></p> <p>Another important statistic is the value of exports.<i> </i>In 2010, the US ranked only #3 value = $1.27 trillion, trailing China, #1, value = $1.50 trillion, and Germany, #2, value = $1.34 trillion. [/quote]</p> <p>If you are going to quote me, you should have used the whole message and not take a bit of it out of context. Here is what I wrote:</p> <p><i>I have withdrawn the NAM numbers regarding manufacturing employment and compensation.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 jumped 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>Please note the reference to implied differences in timing, categorization, location, etc. between NAM and BLS where relevant. If you don't accept the NAM figures, which appear to stem from a difference classification system, that is your option. The NAM figures are for 2008 and 2009. I am comfortable with them. </p> <p> </p> <p> </p>
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