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It is pointless to condescend by assuming anyone on FR has forgotten 9/11 or its effects.

I did not mean to be condescending, just pointing out the event that had the largest single impact on our economy in the last 50 years. How much can we account for 9-11 in these numbers?
-1%?
-2%?
-5%?
-10%?

Not sure anyone knows for sure, but it did impact our economy and thus the volume of our output.

You continue in this latest post to ignore the facts.

Please note that my latest post focused on the fact that overall, manufacturing gross output was up 1.8% from 1998-2003. Despite 9-11. Even you confirmed that in one of your posts. That is a long way from everyone being a lawyer or real estate agent or whatever else we are supposedly becoming.

I will concede that you are correct (because the data is what it is) when taking the breakdowns of individual segments as you have done. I stand corrected.

What we don't know is how much of these drops are due to lower unit pricing to maintain market share, or lost market share. Some of both I presume.

I believe China's artificial economy is nearing it's apex. The announcement by the Bush Admin this week is the first shot across the bow. The EU will follow, who collectively (I believe) has recently become China's #1 market. China's Chicom charade can't, and won't, go on forever.

I have stated all along on this thread that I am against China's fixed currency and have suggested several opinions about how and why we should do something about it. I am not a China lover, I am an American. Optimist. Capitalist. Realist.

I have accomplished my primary objective here, which was to 'shout down' the naysayers and sky is falling crowd. You have made your point, which I concede, regarding the loss in individual sectors, some of which I stated otherwise as remaining strong. How much 9-11 has impacted those and how much they will recover in the near future is unknown. Let's agree that China is a major economic competitor, using unfair currency and labor practices, and the USA needs to attack these practices consistently AND improve our own competitiveness from the ground up.

Ronnie would be happy with that.