Why Manufacturing Will Return to the U.S. China’s once-overwhelming manufacturing-cost advantage over the U.S. is eroding fast.
Within five years, rising Chinese wages, higher U.S. productivity, a weaker dollar, and other factors will virtually close the cost gap between the U.S. and China for many goods consumed in North America. A U.S. manufacturing renaissance could result.
Download from The Boston Consulting Group, the publication, Made in America, Again: Why Manufacturing Will Return to the U.S, by Harold L. Sirkin, Michael Zinser, Doug Hohner,
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