Reshoring Effort Returning, Keeping Jobs in USA
The stream of millions of U.S. jobs going overseas has stopped, according to a report from the Chicago-based Reshoring Initiative. Read more
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The stream of millions of U.S. jobs going overseas has stopped, according to a report from the Chicago-based Reshoring Initiative. Read more
Walmart is facing a “perfect storm” that’s hurting its sales growth, according to Moody’s. Read more
Too many American companies base decisions about how to source manufacturing largely on narrow financial criteria, never taking into account the potential strategic value of domestic locations. Proposals for plants are treated like any other investment proposal and subjected to strict return hurdles. Tax, regulatory, intellectual property, and political considerations may also figure heavily in the conversation. But executives, viewing manufacturing mainly as a cost center, give short shrift to the impact that outsourcing or offshoring it may have on a company’s capacity to innovate. Indeed, most don’t consider manufacturing to be part of a company’s innovation system at all. Read more
Were the experts wrong about the benefits of trade for the American economy? Read more
The U.S. manufacturing sector doesn’t get any respect. Read more
INDIANAPOLIS — The fuzzy video, shot by a worker on the floor of a Carrier factory here in the American heartland last month, captured the raging national debate over trade and the future of the working class in 3 minutes 32 seconds. Read more
Not so long ago, this rural town an hour outside Atlanta was a hotbed for textile manufacturing. Read more
At the swanky Prudential Center in the heart of Boston’s shopping district, the Yogasmoga boutique stands out for its sparse, minimalist aesthetic. At the entrance, there is a large white orchid on a table surrounded by neatly folded tank tops and yoga pants known for their high-tech fabrics. Soothing, Eastern-inspired music is piped in, giving the space a peaceful ambiance. Read more
Last night, during a Democratic town hall, Hillary Clinton told CNN that “We’re going to put a lot of coal miners and coal companies out of business.” Read more
Donald Trump has a lame excuse for outsourcing the production of his clothing brand. The North Face, meanwhile, is proving that it’s possible to keep business local. Read more
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