Though margin has driven outsourcing to China for decades, the advantage is eroding according to the Boston Consulting Group. “Seven ‘tipping point’ sectors are poised to return to the U.S. for manufacturing: transportation goods, computers and electronics, fabricated metal products, machinery, plastics and rubber, appliances and electrical equipment, and furniture. Combined with increased U.S. exports, these groups could boost annual output in the economy by $100 billion, [and] create 2 to 3 million jobs…“(The U.S. Manufacturing Renaissance: Which Industries?).
Stilwell Baker can be found here on MacRAE’s Blue Book!