Factory manufacturing output increased for the second straight month. Overall industrial production has increased 0.8%. (Photo: Mike De Sisti, AP) While some experts are predicting a revival, manufacturing has lagged the economy for years. The country has lost nearly 2.5 million manufacturing jobs in the past 10 years. Last year, the manufacturing sector was responsible […]
A worker welding the outside of a safe at the Champion Safe Co. manufacturing facility in Provo, Utah, on Wednesday, Feb. 22, 2012. – GEORGE FREY / BLOOMBERG / GETTY IMAGES Rana Foroohar and Bill Saporito U.S. manufacturing is back. That’s been the conventional economic wisdom now for several months, and there’s plenty of proof […]
With many shoppers in a patriotic mood after the election, the focus turns to gifts made in the USA this holiday season. Get ready for a red, white and blue Christmas.
Probably more than you think. As more manufacturing returns to U.S. shores, early signs show that a “Made in America” label is a serious competitive advantage.
For over a decade, deciding where to build a manufacturing plant to supply the world was simple for many companies. China was the clear choice with its seemingly limitless supply of low-cost labor, an enormous, rapidly developing domestic market, an artificially low currency, and significant government incentives to attract foreign investment.
