Mrfixit: Boeing and Airbus basically own aircraft manufacturing - Embraer and Bombardier are next. But that was an example.
The point is that numbers don't lie.
http://blogs.forbes.com/timworstall/...manufacturing/
Quote:
The U.S. ranked #1 in the world for manufacturing, and produced 14% more output than second-ranked China ($2.04 trillion) and twice as much output as third-ranked Japan ($1.15 trillion).
What’s most impressive is that the U.S. produced almost as much manufacturing output as the manufacturing sectors of Germany (#4), Italy (#5), France (#6), Russia (#7), U.K. (#8), Brazil (#9) and Canada (#10) combined ($2.44 trillion).
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Manufacturing itself is quite healthy - it's the jobs that aren't. So what does that mean? It means we're producing more with less - in other word, "productivity".