U.S. Export Trade and Manufacturing Healthy – Ignore Politicians and Pundits

The people who say “we do not make anything in this country anymore” do not know what they are talking about.

U.S. exports set a new monthly record in July of $178 billion, which was an increase of more than 15% from a year ago, and a 3.6% increase from June (see top chart above, full report here). Export categories that showed especially strong gains in July included industrial supplies (+29.3% from a year ago), capital goods (+8.8%), and automotive vehicles (+29.1%), and all three of these manufacturing categories set new monthly records in July.



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