Evaluate the following statement: "The graph in this recent FRED blog(Links to an external site.) clearly indicates that U.S. manufacturing output has declined over the last twenty years. According to this graph, the primary reason for this manufacturing decline and high unemployment in manufacturing industries has been outsourcing."

this is the link: https://fredblog.stlouisfed.org/2016/05/manufacturing-up-down/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog