'Few US 'Reshorings' Go Ahead'
What they say is not necessarily the same as what they do:
Few US ‘reshorings’ go ahead, study finds, by Robert Wrigh, FT: “Relatively few” of companies’ announced “reshorings” of manufacturing to the US have actually gone ahead and the trend’s effect on employment has been a “drop in the bucket,” research by a Massachusetts Institute of Technology academic suggests.
The work, by Jim Rice, deputy director of MIT’s Center for Transportation and Logistics, throws into doubt expectations that the US economy might enjoy significant growth in manufacturing employment through job repatriation. ...
Posted by Mark Thoma on Sunday, September 7, 2014 at 12:03 PM in Economics, Unemployment |
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