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What decline?


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Everybody decries the decline of manufacturing in this country. Apparently this just aint so:

 

manufacturing_graph_550p.jpg

 

Discuss :wink::wink:

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That was very quick LtKije even if it was expected :wink: You will also have noticed that it was 10% HIGHER when she was defenestrated :lol::lol::lol: You are SO predictable :lol::lol::lol::lol:

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As the article says, we are manufacturing niche products higher up the industrial food chain - which is precisely what we should be doing to stay ahead of the competition. BUT - this requires two elements to sustain it - 1) an highly educated and flexible workforce, so we don't have to depend on imported skills and 2) we still require the basic industries to supply/support the advanced technologies - a) to employ the less well educated and skilled, and B) to reduce our dependency on imports. The more sophisticated our society becomes the more vulnerable it becomes. :shock:

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Does that include the service sector? There is definitley a decline in "heavy Industry" (i.e making cars, manufacturing steel, etc) but a increase in the service sector (call centres, office based stuff, etc)

 

If there was a massive decline in all types of industry then I darnt stroll around town in my work uniform as I would get lynched :lol::lol:

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