The Cefa Brief

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  • ВзглядIndustrial Policy

    Productive capacity names a quantity that no series on this site reports

    Of the fifty-eight annual series in the file behind this site, one carries the word capacity in its title, and it reports a percentage of capacity rather than an amount of it. What stands in are four measures of four different things, and they moved in different directions over the same three years.

  • ВзглядIndustrial Policy

    Industrial strategy is a decade-long commitment made by institutions that are not built to hold one

    Spending on manufacturing plant rose from a yearly rate of 75 billion dollars in 2020 to 244 in 2024, lifting the factory share of all nonresidential building from 8.8 percent to 18.8. Manufacturing employment reached its high for these six years in 2023 and is lower now, which is what it looks like when a country can order buildings faster than the institutions to run them.