Bring It Home | Reindustrialization? Stagnation and dynamism in the U.S. industrial economy
Description
JP Hampstead gives a presentation to shippers about what macroeconomic data tells us about production, employment, productivity, and the prospects for reindustrialization at FreightWaves' Future of Freight Festival in Chattanooga, TN.
In this episode JP covers:
- Why U.S. manufacturing output hasn’t recovered since the Great Recession
- The surprising role of energy production in “industrial growth”
- How offshoring reshaped America’s productivity curve
- Why AI is now the largest driver of U.S. energy demand
- Whether the big White House manufacturing announcements are real
- Why nuclear power is surging back
- How productivity gains reshape the workforce (100 years of data)
- What the U.S. must fix to get industrial production unstuck
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