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"Manufacturing will decline through the first half of 2001, even as services output plateaus".
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For many emerging market countries, this is hard to do politically, because it will mean that in the short term, their goods will be less competitive and their manufacturing bases will decline, meaning lost jobs.
Because of overcapacity of memory chips the largest segment of semiconductor annual production Reid thinks that year-over-year capital expenditures on semiconductor manufacturing equipment will decline to $40 billion, a 21% drop, in 2008 versus 2007.
"Manufacturing has been the key to innovation in the United States and has given the United States leadership in innovation," said Mr. Timken, whose great-grandfather founded the company in 1899 "If you eliminate manufacturing, which accounts for 65percentt of private sector R & D, then innovation will decline, and you will see a nation in decline".
Decapitalized, unionized manufacturing activities will not hire new employers and, as a result, union membership will decline in relative terms.
Therefore, they will decline.
Inequality will decline.
"Manufacturing and finance will continue to lose jobs, though more slowly than in the recent past, and employment in the information industry will decline as well," Ms. Mantell said.
Carbon emissions will decline.
Eventually, Hezbollah will decline.
12. Tourist travel will decline.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com