Wages for manufacturing have not kept up with other parts of the economy, a fact Trump avoids when he boasts across the nation's heartland that he is fulfilling his promise to revitalize American industry.
However much credit President Trump may deserve, there’s no question that jobs in manufacturing — long the sick child of the U.S. economy — have turned up nicely since he took office.
“Once upon a time it was true — manufacturing was key to the middle class,” said Mark Zandi, chief economist at Moody’s Analytics. Today, that’s changed. Why push people to where jobs are relatively scarce? asked Benn Steil, an economist at the Council on Foreign Relations, a nonpartisan think tank. He says the Trump administration could better help blue-collar workers by supporting their transition to services.started to climb back up
Economists say that’s partly because older, higher-paid manufacturing workers are retiring and being replaced by younger employees. There’s less unionization at factories and more But the president’s many tariffs have hurt Kawasaki in two ways: The plant uses a lot of steel, so the duties added to its costs. The indirect hit was worse.
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