IS USA Manufacturing coming back ?

According to we could be seeing more “MADE IN AMERICA” products on our shelves. The main reason is the labor wagesin China
are soaring. One main contributing factor mfg’ers 1st looked over to China now leads the list of resons to re-think offshoring.

“Within the next five years the USA is expected to experience a manufacturing renaissance as the wage gap with China shrinks and certain US states become some of the cheapest locations for manufacturing int he developed world—-prodicted global business strategy firm THE BOSTON CONSULTING GROUP in May 2011

Everywhere in China labor rates are soaring. 15 – 20 percent each year! 21 Percent of North American manufacturers surveyed by manufacturing sourcing reported bringing production back to USA shores (re-shoring)

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