U.S. Manufacturing Still Tops China's by Nearly 46 Percent

China's manufacturing is booming, but the value of what its factories produce is far behind that of the U.S., according to economic data from the U.N.

IN ECONOMICS as in apparel, most fashions come and go. But like the navy blazer or the little black dress, bewailing the decline of American manufacturing never seems to go out of style.

"They're closing down the textile mill across the railroad tracks

Foreman says these jobs are going boys and they ain't coming back."

So sang Bruce Springsteen in "My Hometown," a hit song from his 1984 album, "Born in the U.S.A." More than a quarter-century later, that sentiment (if not the song) is as popular as ever.

"You know, we don't manufacture anything anymore in this country," says Donald Trump in an interview with CNNMoney. "We do health care; we do lots of different services. But ... everything is made in China, for the most part."

For the entire story, click here.