That is correct. It is also the major point of the article. People get very confused about this. Yes, manufacturing jobs are declining. But manufacturing output isn't.
That's life. Employment in other sectors is growing. Buggy whip factories are not doing well. Software factories are. Times change.
But, I’m not talking about “buggy whips”. The factory I mentioned is just one of many. They produce modern convenience items. They employ tens of thousands of people. These people spend money in the local economy. This leads to addition jobs to include people who will be working at a large power plant.
These items are made specifically for the North American Market.
Samsung chose to build this plant in Queretaro because of low wage, low regulation and no tarrif when it comes across the border.
If we address these three areas, plants like these will be built here instead. We will reap the benefit.