Manufacturing returning to the US
Interesting article in GlobeSt.com this morning. The ongoing subject of Reshoring. While we might not be seeing it as much here in the northeast, we are seeing it big time throughout the country.
Couple of interesting facts:
In 1970 25% of all US workers were engaged in manufacturing. Today…just 8%. HOWEVER…the US STILL produces 21% of all manufactured goods in the world.
What took 1,000 people to produce in 1960…now takes just 184 people today!