That’s a quote from Bruce Corridor, referring to the interval 2011 onward. For his reference, I current key indicators of the manufacturing sector in the course of the Trump commerce warfare.
Determine 1: Manufacturing manufacturing & non-supervisory employment (blue), combination hours (tan), manufacturing (inexperienced), actual exports (pink), all in logs 2018M07=0 (when Part 301 tariffs on China went into impact). Actual exports are manufactured exports deflated by the export value index for non-auto manufactured items, seasonally adjusted by creator utilizing Census X-13. Supply BLS, Federal Reserve, Census through FRED, and creator’s calculations.