i was watching the Rachel Maddow repeat. During her interview with Rep

[BrklynLiberal]

Barney Frank, she asked him if he thought other manufacturing industries would come to the govt and ask for money since the Dems had arrived at a possible deal to give the big 3 auto companies a loan.
I have a question. Are there any other big manufacturing industries left in the US?


Edited to put Barney Frank back in the House of Reps.

[Captain Hilts]

1. I WISH he were a senator. nt

[BrklynLiberal]

2. oops.

Thanks..

[eleny]

3. I asked myself that same question

[Captain Hilts]

20. Steel in Ala., Boeing in Wash, ships in VA, & Miss.

Extractive industries such as coal and oil don't really count the same.

[eleny]

22. Thanks, MW

[mth44sc]

4. What comes to mind is steel

but they too have a huge stake in the big 3 loan...

[jwirr]

13. Iron mines here in NE MN. Eveleth was shutting down.

[BrklynLiberal]

17. The prognosis for Steel is not that good...

http://www.bsu.edu/web/acmaassel/steel.html

Employment

Employment in the steel industry has declined to about 225,000 wage and salary jobs in 2000, less than half its 1980 level. The rate of decline however has slowed in recent years. The steel industry has mostly been located in the eastern and Midwestern regions of the country were iron ore, coal, or one of the other natural resources required for steel are found. Even today 47 percent of steel workers are located in Pennsylvania, Ohio, and Indiana.
Earnings in the steel industry vary by occupation and experience but are higher than average earnings in private industry. The average weekly earnings for a no supervisory production workers in 2000 were $870 in the steel, compared with $597 in all manufacturing.
Employment in the steel industry is expected to decline by about 22 percent over the 2000-2010 period, primarily due to increased use of labor-saving technologies and machinery. Employment levels in coming years will be greatly affected by the ability of steel makers located in the United States to compete with imports from abroad. (Bureau of Labor 2000)

[ColbertWatcher]

5. That's a good question. n/t

[stillcool]

6. Here's the top 500 U.S. Manufacturers..

http://www.industryweek.com/research/us500/2007/iwus500rank.asp

but I don't know how many people they actually employ in the U.S....
edit to add what looks like a very informative site..lots of links.


http://www.americaneconomicalert.org/default.asp

[BrklynLiberal]

7. Aside from the airplane manufacturers, I think that many of those do not

actually MANUFACTURE anything...I cannot consider oil and energy companies as MANUFACTURING anything. Most of those that do actually create something either have the parts created overseas and assembled here, or the goods are completely imported.

[JDPriestly]

8. Most of them don't really manufacture in the U.S.

[stillcool]

12. I'm sure that for many, most

of their manufacturing base has been out-sourced. We have Varian, and I think some Defense Manufacturing, as well as furniture and shoes.
..but this link really has a lot of info..
http://www.americaneconomicalert.org/default.asp

[BrklynLiberal]

9. The news from the American Economic Alert site is not good..

GLOBAL TECHNOLOGY TRENDS

Estimated global consumer electronics products revenue, 2008: $223 billion

Estimated North American share of this revenue: 4%

Estimated North and Southeast Asian share of this revenue: 49%

Estimated global computer hardware revenue, 2008: $514 billion

Estimated North American share of this revenue: 12%

Estimated North and Southeast Asian share of this revenue: 64%

_______________________________________________________________________________________________________________________
CHINA DEFICIT KEEPS RISING AS U.S. EXPORTS TANK
The decline in the September trade deficit masks a serious decline in manufacturing. U.S. exports to China fell sharply. The figures in general show that the so-called "export boom" highly touted by free trade advocates is over -- although it never existed in the first place.

________________________________________________________________________________________________________________________
Dire Economic News Present Immediate Challenges for President-Elect
The dismal jobs report today confirms that the U.S. economy is sliding deeper into recession. Unless President Obama hits the trifecta of fixing the banks and financial system, curbing oil imports significantly, and reducing the trade deficit by, inter alia, ending predatory Chinese trade practices, we are in for an economic free-fall that will make the current economic situation look like a walk in the park.

[stillcool]

10. are you familiar with that site?

I just stumbled across it, but it looks very informative.

[BrklynLiberal]

11. Had not seen it before your link..it seems like a source of lots of info..

[Hanse]

14. I bet the airline industry is next.

I think Frank's been blowing smoke when it comes to the idea that this is the last of the bailouts.

[JanusAscending]

15. I say it's going to be Amtrak!!

Public trans. is sorely needed in the Northeast corridor, and some lines are cutting back on their trains here in Ct. A lot of people are giving up their cars for work transportation via rail. We need a lot more local buses here as well.

[elleng]

18. People should address their local pols for such.

.

[BrklynLiberal]

19. So, the auto companies can be used to make the new railroad cars, and we should

make sure that they use only American made steel

[Captain Hilts]

21. Prez. Bush actually just gave a large chunk of change to Amtrak, but...

of course, it's not enough.

[elleng]

16. Maybe not.

I think steel is gone.