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HomeIllinois NewsCupcakes, YouTube, and Home Production

Cupcakes, YouTube, and Home Production

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Unnamed (4)By Daniel Sutter - 

Home or small-scale production of goods and services is surging in the U.S. Examples include YouTube videos, blogging and self-published books, craft beer, cupcakes, and home schooling. This craft production boom, I think, foreshadows our economy’s future. People watch over three billion hours of YouTube per month, with 300 hours of video uploaded every minute. More than 700,000 books were self-published in 2015. We now have some 5,200 craft breweries, 2,800 commercial bakeries, and 6,000 retail bakeries. More than 1.7 million children (3.4 percent of students) are home schooled.

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