February 22nd, 2010



This shows you how many people are employed in manufacturing:

Which tells you that less and less people are employed in manufacturing over time.

This shows you how much stuff we manufacture:

which shows you that we're actually producing more than we ever have (well, up until a suddent dip a year ago).

So UK manufacturing isn't actually a problem - it's just that we're automating it more than ever before. Which shouldn't really be a surprise to anyone.

Of course, we're also running large deficits, due to finance being a massive part of the economy and prone to bubbles. Oh, and buying more than we can really afford.