Manufacturing continues rebound in US.
A lot of news recently about the rebound in manufacturing in the US. More specifically US companies bringing their manufacturing BACK to US plants. There are a number of factors that cause this…Value of the dollar, productivity, cost of utilities etc. Well, based on the article below, the good news is the majority of manufacturers believe this trend will continue into the foreseeable future. That’s great news for the US. And while the northeast region will be a benefactor of this…it won’t be THE benefactor. Unfortunately we are still on the high side of the cost spectrum and “right to work” states will benefit more.
CoStar Article: Re-Shoring: More Manufacturing Expected To Return to US
Keep smiling!
Mark