The latest edition of the Economic Report of the President has questioned whether fast-food restaurants should be reclassified as manufacturers or continue to be part of the service sector. Congress currently has no answer.
This is comparing the making of a hamburger to making an automobile. N Gregory Mankiw, Council of Economic Advisers chairman, says this is "an important consideration" in setting economic policy. Fast-food jobs would be listed with industrial jobs.
"When a fast-food restaurant sells a hamburger, for example, is it providing a 'service' or is it combining inputs to 'manufacture' a product?" -report. Economist D Huether says this will make stats show more jobs in a declining part of the economy.
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