Another Study suggests Global Manufacturing comes Stateside

by Laura Ehrenberg-Chesler on March 8, 2012

in Employment,manufacturing

I was pleased and surprised to read that about one year ago The Boston Consulting Group published a study entitled “The return of U.S. Manufacturing”.  The study predicts that “reinvesting in the U.S. will accelerate as it becomes one of the cheapest locations for manufacturing in the developed world”.  Our wages have not been rising as quickly as in China, and our work force is more productive.

We have been blogging about this phenomenon for the past six months or so, and believe that in addition to our labor force becoming more competitive, we have the advantage of a stable government, and a geography that makes weather and transportation issues less commonplace.

As we move toward energy independence and continue to develop and encourage a more skilled manufacturing base, there is every reason to believe the United States of America will regain its manufacturing dominance in the next decade.

 

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