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U.S. Factories Out-produce Chinese Manufacturers by More than 40 Percent

2011-02-08

U.S. factories are closing. American manufacturing jobs are reappearing overseas. China’s industrial might is growing each year. Yet America remains by far the No. 1 manufacturing country, according to the Associated Press, and it out-produces No. 2 China by more than 40 percent. U.S. manufacturers cranked out nearly $1.7 trillion in goods in 2009, according to the United Nations. The United States has lost nearly 8 million factory jobs since manufacturing employment peaked at 19.6 million in mid-1979. U.S. manufacturers have placed near the top of world rankings in productivity gains over the past three decades.