Partner at Exencial Research, Exencial Research

Viral Kishorchandra Shah

Partner at Exencial Research

Exencial Research

Macroeconomics

<ul>
<li>Germany's GDP declined 0.2% in 2024, Japan's industrial production contracted 1.1%. Meanwhile, America's service-focused economy outperforms manufacturing-heavy competitors consistently.</li>
<li>Tooling costs are 10x higher in America than China. Even 145% tariffs insufficient—need 350% tariffs to make domestic manufacturing viable.</li>
<li>US services exports surpass lost manufacturing profits. Services employ 84% of private sector, pay more than manufacturing ($36 vs $35/hour).</li>
</ul>


Germany's GDP declined 0.2% in 2024, Japan's industrial production contracted 1.1%. Meanwhile, America's service-focused economy outperforms manufacturing-heavy competitors consistently.
Tooling costs are 10x higher in America than China. Even 145% tariffs insufficient—need 350% tariffs to make domestic manufacturing viable.
US services exports surpass lost manufacturing profits. Services employ 84% of private sector, pay more than manufacturing ($36 vs $35/hour).


Why America's Manufacturing Dreams Might Be Economic Nightmares