New Perspectives on the Decline of U.S. Manufacturing Employment

37 Pages Posted: 7 Jun 2018 Last revised: 29 Apr 2020

See all articles by Teresa Fort

Teresa Fort

Dartmouth College - Tuck School of Business

Justin R. Pierce

Board of Governors of the Federal Reserve System

Peter Schott

Yale School of Management; National Bureau of Economic Research (NBER)

Date Written: 2018-04-13

Abstract

We use relatively unexplored dimensions of US microdata to examine how US manufacturing employment has evolved across industries, firms, establishments, and regions from 1977 to 2012. We show that these data provide support for both trade- and technology-based explanations of the overall decline of employment over this period, while also highlighting the difficulties of estimating an overall contribution for each mechanism. Toward that end, we discuss how further analysis of these trends might yield sharper insights.

Keywords: Employment, Manufacturing, Output, Technology, Trade

Suggested Citation

Fort, Teresa C. and Pierce, Justin R. and Schott, Peter, New Perspectives on the Decline of U.S. Manufacturing Employment (2018-04-13). FEDS Working Paper No. 2018-023, Available at SSRN: https://ssrn.com/abstract=3192151 or http://dx.doi.org/10.17016/FEDS.2018.023

Teresa C. Fort (Contact Author)

Dartmouth College - Tuck School of Business ( email )

Hanover, NH 03755
United States

Justin R. Pierce

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

HOME PAGE: http://www.justinrpierce.com/

Peter Schott

Yale School of Management ( email )

135 Prospect Street
P.O. Box 208200
New Haven, CT 06520-8200
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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