Understanding the Trade Imbalance and Employment Decline in U.S. Manufacturing | St. Louis Fed

Understanding the Trade Imbalance and Employment Decline in U.S. Manufacturing | St. Louis Fed

Understanding the Trade Imbalance and Employment Decline in U.S. Manufacturing | St. Louis Fed

Rising productivity caused manufacturing firms to relocate abroad, contributing to the trade imbalance and employment decline

Source: research.stlouisfed.org/publications/economic-synopses/2018/05/25/understanding-the-trade-imbalance-and-employment-decline-in-u-s-manufacturing/