And American industry is becoming increasingly automated. There were two tricks here, most of you got one of them but not the other. This is a good thing to do, but not completely necessary. You didn't lose or gain any points for doing it. All it does it tell you that there are going to be three main premises leading to this.
Interest rates are high.
The American appetite for autos, refrigerators and other big-ticket items is waning. The clue should have been the presence of the indicator word. Certainly, what I have as claim 2 and 3 weren't whole claims as they appeared, but there is no change to the meaning by making the claims explicit. More of what is bought here is being produced abroad. American industry is becoming increasingly automated.