4 Lessons from the US Manufacturing Revival via US News & World Report

1 May

Interesting post from US News & World Report that explores some of the causes of the US manufacturing revival.

Boston Consulting Group predicts an upturn that will create two-to-three-million new jobs by 2020, add between $20 billion and $55 billion to annual economic output and bring several industries that have migrated overseas back home to America. “The tide is starting to turn,” BCG analysts wrote in a recent report. “The implications are likely to be profound.” Companies already planning to move overseas production back to the United States include NCR, Ford, Coleman and All-Clad, along with many smaller firms. Few economists or business leaders anticipated this imminent revival, which makes it worth plumbing for insights.

Read the full article here.

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