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Author: Uwharrie ✸⎊  😊 😞
Number: of 15058 
Subject: Why Has U.S. Manufacturing Productivity Stagnated_
Date: 07/06/2024 2:05 PM
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This article gives much information about manufacturing productivity in the U.S. and several other countries. The data quoted shows U.S. manufacturing productivity peaked around 2011.

This information relates to comments Jim has made about the possible flattening or dropping of profits as a percent of sales in the future. The article discusses several possible reasons for the flattening and why it has also flattened in oher countries.

If this is true, this is another indicator for the possibility of equities being flat-lined or decreasing over the next decade. No productivity + higher wages equals lower profits. Lower profits equals lower equity valuations.

https://www.noahpinion.blog/p/why-has-us-manufactu...

Uwharrie
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