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Manufacturing output recovered from the Great Recession, reaching an all-time high in 2021, but manufacturing employment has been declining since the 1990s, giving rise to what is known as a "jobless recovery," which made job creation or preservation in the manufacturing sector an important topic in the 2016 United States presidential election.
The American system of manufacturing was a set of manufacturing methods that evolved in the 19th century. [1] The two notable features were the extensive use of interchangeable parts and mechanization for production, which resulted in more efficient use of labor compared to hand methods.
The cotton gin, invented by Eli Whitney, revolutionized slave-based agriculture in the Southern United States.. The technological and industrial history of the United States describes the emergence of the United States as one of the most technologically advanced nations in the world in the 19th and 20th centuries.
Industrialist Samuel Slater, who Andrew Jackson called "the father of the American Industrial Revolution." Bethlehem Steel in Bethlehem, Pennsylvania was one of the world's leading steel manufacturers for most of the 20th century until 1982 when it discontinued most of its operations. It subsequently declared bankruptcy in 2001 and was ...
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
Shutterstock By Nicole Schuman In cities where the industrial economy once blossomed -- Detroit, Chicago, Cleveland, Pittsburgh, Buffalo -- decaying rusty shells of abandoned steel, automobile and ...
The revival in manufacturing in America's heartland has been driven in part by the increasing costs associated with importing goods from China, India and other Asian nations where labor has ...
Seely, Bruce E., ed The Iron and Steel Industry in the 20th Century (1994) (Encyclopedia of American Business History and Biography) Skrabec Jr, Quentin R. The Carnegie Boys: The Lieutenants of Andrew Carnegie that Changed America (McFarland, 2012). Temin, Peter. Iron and Steel in Nineteenth-Century America, An Economic Inquiry (1964)