Discussion Paper

Beyond the factory gate: The continued importance of goods production


Abstract: Goods-producing industries have accounted for a declining share of U.S. jobs and economic output in recent decades, which has long been a topic of intense policy and research focus. Some commonly cited facts are reported in figure 1.

https://doi.org/10.17016/2380-7172.4184

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2026-10-02

Number: 2026-10-02