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Manufacturing Renaissance? Exports, Reshoring Could Bring 5M Jobs to U.S.

September 23, 2012View for printing

An expected surge in exports could help create up to five million U.S. jobs by 2020, according to a report released Friday by the Boston Consulting Group.

U.S.-born exports are expected to surge, with domestic manufacturers standing to capture 2% to 7% of Western European and Japanese exports due to lower labor and energy costs, which would translate to as much as $90 billion in additional U.S. exports, BCG research finds.

By Jennifer Booton

Full Story: http://www.foxbusiness.com/economy/2 ... jobs-to-us/

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Compete Smart Montana Manufacturing Conference, 10/11-12, Missoula, Montana http://www.matr.net/events.phtml?showdetail=4142

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Is the Re-shoring of Manufacturing a Trend or a Trickle?

There is a lot of buzz around the re-shoring of manufacturing. Re-shoring refers to manufacturing that was previous done outside of America and has been moved back to America. You will also hear the term near-shoring which refers to manufacturing work that has returned closer to America in countries such as Mexico as an example.

Mitch Free

Full Story: http://www.forbes.com/sites/mitchfre ... -a-trickle/

(Many thanks to David Nelson for sharing both of these articles.)
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