- Apr 12, 2011
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Manufacturing output really is important. This thread is about the growing trade deficit w/ China but imho manufacturing output is more important. Let's look at both together:...
According to the Fed St Louis...![]()
![us2008china2017ind.png](/proxy.php?image=http%3A%2F%2Fungb.org%2Fecon%2Fus2008china2017ind.png&hash=5772f4c2bbf65e8ae637ba1cddc7f9b0)
It looks like we need to decide if manufacturing is more important than having a growing deficit because they both come together at the same time.