THE AMERICAN MANUFACTURING REVIVAL

I had meant to post this for a while but never got to it. Here is an important study by the Boston Consulting Group which concludes that manufacturing is about to return to America since China is rapidly losing its competitive advantage.

Within five years, rising Chinese wages, higher U.S. productivity, a weaker dollar, and other factors will virtually close the cost gap between the US and China for many goods consumed in North America.

GOOD READ: Made in America, Again: Why Manufacturing Will Return to the U.S.

 

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