Manufacturing versus Real Estate

Wednesday, September 07, 2005 | 09:04 AM

Interesting chart via PIMCO's Bill Gross, comparing manufacturing employment with tat of Real Estate agents. Recall we visited a related subject  back in April, looking at the bull market in Real Estate Agents.

click for larger chart


Note the two scales are very different. The chart doesn't specify, but I am assuming that its in 1,000s.

The key takeaway is the ongoing shift -- now in its 3rd decade -- away from a manufacturing economy and towards a services ased one.


“Lunch” Time
Bill Gross
PIMco Investment Outlook, September 2005 (PDF)

Wednesday, September 07, 2005 | 09:04 AM | Permalink | Comments (8) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Manufacturing versus Real Estate:


The difference in scale is more then 10 times.

Yes, manufacturing employment is declining and
services employment is rising.

But this chart of two things on such a divergent scale that it
has the apperance of being a deliberate distortion. I think it is just sloppy thinking.

Real estate employement is still only some 10% of manufacturing employment -- at least from reading the data off the scales.

Posted by: spencer | Sep 7, 2005 9:36:24 AM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™