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Deindustrialization
and the shift to services
Valerie A. Personick
Economist, Office of Economic Growth and Employment Projections, Bureau of Labor Statistics
Does the employment shift to services imply that the U.S. is losing its industrial base? Data show the industrial sector as a whole in healthy shape, but a few manufacturing industries in deep trouble. These are some of the questions we examine in this article by reviewing data on both employment and production for manufacturing and other major sectors, first as a whole, and then for detailed industries.
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Labor Force Statistics from the Current Population Survey
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