The $2.33 trillion U.S. manufacturing sector made up 11.6% of the country’s economic output in 2018.
U.S. factory production shrank by 1.3 percent in 2019.
While half a million manufacturing jobs have been added during the Trump administration, job growth in the Midwest remains sluggish.
Chinese manufacturing expanded slightly in March, as factories slowly came back online after the coronavirus shutdown.
China: $4T (28.37% of world total)
United States $2.3T (16.65% of world total)
Japan: $1T (7.23% of world total)
Germany: $806B (5.78% of world total)
South Korea: $459B (3.29% of world total)