THE AMERICAN MANUFACTURING RENAISSANCE & ENERGY

“U.S. Manufacturing Renaissance is Fact not Fiction”

QUESTION: Is there a “manufacturing renaissance in the USA.”

ANSWER: Yes. This is developing for two primary reasons. First: the 2011 law that has blocked Americans from starting businesses overseas. Second: many companies including auto manufacturers who rushed to Mexico to manufacture cars are coming back. Ford no longer employs anyone at its Hofu Plant in Japan and the Cuautitian Plant in Mexico both opened in 1981.

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10 states where manufacturing still matters

In July, America’s manufacturing sector grew for the second month in a row. This improvement is in line with longer-term trends, according to the Institute for Supply Management. While some experts are predicting a revival, manufacturing has lagged the economy for years. The country has lost nearly 2.5 million manufacturing jobs in the past 10 years.

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