It's coming home? Well, not US manufacturing...
AT Kearney has released its fourth annual Reshoring Index. And any hopes that US manufacturing ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Talk of a new dawn in US manufacturing seems somewhat premature, according to a new ITIF report. It notes that real manufacturing value added was still 3.2% below 2007 levels – and that any new jobs from reshoring are offset by a similar number going overseas. And many of the assumptions behind the idea that US manufacturing would grow are simply wrong, it states, including wage parity with the Chinese, high shipping costs and any expected benefits of the shale gas boom.
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