This very interesting article challenges the accepted notion that the US has transformed itself as a manufacturer over recent years

Gavin Wendt

This very interesting article challenges the accepted notion that the US has transformed itself as a manufacturer over recent years. Upon closer inspection, however, the data for 1999-2012 present little evidence of significant onshoring of US manufacturing. For starters, the share of US domestic demand for manufactures that is met by imports has shown no sign of reversal. In fact, the offshoring of manufacturing increased by 9%. (VIEW LINK)


Comments

Please sign in to comment on this wire.