Chart of the Day

Chart of the Day: Manufacturing Decline

Today’s Chart of the Day comes from GlobalData and shows the percentage of manufacturing jobs in the US, from 1948 to 2023. Most people may not be at all surprised to see the figure has declined; however, they may be surprised to see the number has declined from 32% in 1948 to only 6% in 2023.

This piggybacks from a previous chart from the book The Persuasion Industry which talks about consumer services now being the dominant source of employment in the US.