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Manufacturers Bringing the Most Jobs Back to America

Michael B. Sauter and Samuel Stebbins, USA Today
10:03 a.m. EDT April 23, 2016

The loss of American manufacturing jobs to foreign labor has been a central theme of several presidential candidates’ campaigns. However, the trend of offshoring may be slowing, according to one organization.

According to non-profit advocacy group the Reshoring Initiative, offshoring resulted in a net loss of approximately 220,000 manufacturing jobs from 2000 to 2003. However, according to the group, the country added roughly as many jobs due to foreign investment and reshoring as it lost to offshoring last year. Some of the largest U.S.-based companies, likely for both public relations and practical reasons, have begun building factories domestically for operations that would likely have gone overseas a few years ago.

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The U.S. Will Surpass China As the No 1 Country for Manufacturing by 2020

Chris Matthews, Fortune
02:20 p.m. EDT March 31, 2016

A key theme in this year’s presidential race is competitiveness of American industry, though candidates like Donald Trump and Bernie Sanders tend to use more colorful language when describing their belief that the United States has lost its economic edge.

Both candidates despise recent trade deals, which they feel have proven that the U.S. can’t compete with countries like China and Vietnam, which have far cheaper labor and less onerous environmental regulations.

But if you ask actual manufacturing executives, they’re far more bullish on America’s future than many of its political leaders. On Thursday, professional services firm Deloitte teamed up with the Council on Competitiveness…

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Record Number of Manufacturing Jobs Returning to America

Andrea Cheng, MarketWatch
1:45 p.m. ET May 1, 2015

Made in the U.S.A. is hot again, and the number of manufacturing jobs that are returning to the U.S. — or coming to the U.S. for the first time — from overseas has hit a record level.

Sixty thousand manufacturing jobs were added in the U.S. in 2014, versus 12,000 in 2003, either through so-called reshoring, in which American companies bring jobs back to the U.S., or foreign direct investment, in which foreign companies move production to the U.S., according to a study from the Reshoring Initiative. In contrast, as many as 50,000 jobs were “offshored” last year, a decline from about 150,000 in 2003.

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A Look At Manufacturing Activity In The United States – Huffin’ and Puffin’

Bill Greiner, Forbes
12:11 p.m. EDT July 09, 2014

“Indeed, U.S. factories are huffin’ and puffin.”

For the last three years, manufacturing activity has been growing more rapidly than the overall U.S. economic GDP. This is the first time this has happened in more than 50 years. I believe the factors that have led to this oddity are sustainable and that manufacturing and overall industrial growth will probably continue to outpace overall GDP growth rates in the United States for some time.

Why is this the case?

Many manufacturing costs are becoming more level. Since the 1970s, many foreign countries have been leveraging their low cost-of-labor advantage to gain market share of the global manufacturing pie. It now appears that, in many cases, this cost advantage is becoming less acute.

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