# Manufacturing Predicts Recession Despite Low Job Share

> U.S. manufacturing employs less than 10% of workers but signals nearly every recession.
- Title: Manufacturing Predicts Recession Despite Low Job Share · Inc
- Summary: U.S. manufacturing employs less than 10% of workers but signals nearly every recession. U.S. manufacturing's decline in jobs still predicts economic…
- Keywords: u.s. manufacturing, job share, recession prediction, federal reserve, goods gdp, economic contraction, Manufacturing, Predicts, Recession, Despite, Low, Job
- Source: Inc — https://inc.com/soren-kaplan/manufacturing-is-less-than-10-percent-of-u-s-jobs-it-still-predicts-nearly-every-recession/91422117
- Read time: 1 min
- Topics: u.s. manufacturing, job share, recession prediction, federal reserve, goods gdp, economic contraction
## Manufacturing's Job Share Decline
U.S. manufacturing employs fewer workers than in the 1950s, now less than 10 percent of total jobs.
## Economic Contractions Still Predicted
Manufacturing contractions still signal nearly every economic recession despite low employment share.
## Goods GDP Measures Economic Value
Federal Reserve analysis uses goods GDP to capture full economic value of manufactured products.
## Goods GDP Accounts for 25% of Economy
Manufactured goods represent about one-quarter of the U.S. economy through goods GDP measures.
## Economic Contractions Signal Recessions
Manufacturing contractions still predict nearly every recession despite low employment share.
## Federal Reserve Analysis by Ryan Decker
Economist Ryan Decker's Federal Reserve analysis shows manufacturing's economic value remains significant.
## Key takeaway

U.S. manufacturing's decline in jobs still predicts economic recessions despite being less than 10% of total employment.