Larry Elliott tells us that:
Germany runs a hefty trade surplus despite its high wages and expensive welfare state, while the United States has retained a big manufacturing sector despite the increasing financialisation of the economy.
Well, OK….from what I can find the US manufacturing sector is around 12% of GDP. The UK manufacturing sector is around 12% of GDP isn\’t it?
So while it\’s large, yes, the US manufacturing sector is so simply because the US economy is large.