Don Sowa's MoneyTalkHow the US Lost Manufacturing
In the 1950 about 35% of US private sector jobs were in manufacturing, today that figure stands at just over 9%, so the big question is, how did we lose our place as the world’s manufacturing powerhouse? Nathan tells the story of how factors such as Americans’ rise in affluence led to the decline in domestic manufacturing, and whether there is anything that can be done to bring it back. Also on MoneyTalk, why do financial bubbles occur, and are average investors listening to the wrong people for investment advice?
Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/15/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!
