Real value added of U.S. manufacturing, 1989–2014 (trillions of dollars)
Actual and balanced manufacturing trade | Counterfactual: 3.7% growth through 2014 | Actual value added | |
---|---|---|---|
1989 | $1.197 | 1.076 | 1.076 |
1990 | 1.138 | 1.062 | 1.062 |
1991 | 1.096 | 1.046 | 1.046 |
1992 | 1.144 | 1.081 | 1.081 |
1993 | 1.219 | 1.124 | 1.124 |
1994 | 1.331 | 1.198 | 1.198 |
1995 | 1.388 | 1.248 | 1.248 |
1996 | 1.429 | 1.287 | 1.287 |
1997 | 1.547 | 1.365 | 1.365 |
1998 | 1.715 | 1.431 | 1.431 |
1999 | 1.872 | 1.509 | 1.509 |
2000 | 1.994 | 1.603 | 1.603 |
2001 | 1.941 | 1.662 | 1.539 |
2002 | 2.040 | 1.724 | 1.554 |
2003 | 2.147 | 1.787 | 1.632 |
2004 | 2.319 | 1.853 | 1.738 |
2005 | 2.357 | 1.922 | 1.777 |
2006 | 2.433 | 1.993 | 1.865 |
2007 | 2.446 | 2.066 | 1.925 |
2008 | 2.209 | 2.142 | 1.869 |
2009 | 2.046 | 2.221 | 1.727 |
2010 | 2.188 | 2.303 | 1.818 |
2011 | 2.172 | 2.388 | 1.823 |
2012 | 2.195 | 2.476 | 1.837 |
2013 | 2.223 | 2.568 | 1.863 |
2014 | 2.340 | 2.663 | 1.924 |
Source: EPI analysis of Bureau of Economic Analysis (2015a) and U.S. International Trade Commission (2015)