“U.S. Factory jobs are on the rise here, and many of these new jobs are coming back to North America from China, which is struggling to maintain its manufacturing capacity. Since March, 2010, when manufacturing employment in the U.S. hit a trough of 11.45 million jobs, nearly a million new factory positions have been created, most of them in the Southern states, particularly North Carolina, South Carolina, and Tennessee… across that same 5 year period, average hourly manufacturing wages have increased >10%”
“open manufacturing positions in China have been dropping consistently since 2012, down nearly 6% in that time. In January, the country’s Ministry of Commerce reported that factory activity has contracted for 6 months, falling to a 3 year low. In addition, foreign direct investment in Chinese manufacturing was flat for all of 2015, while China’s balance of trade with the U.S. barely budged, despite the strong dollar. Moreover, China’s exports tumbled in February by 25%, after falling 11% in January.”
“the decision to manufacture in the U.S. isn’t solely about dollars and cents. Rather, it’s a function of the quality of the U.S. workforce—its noteworthy productivity and its easy familiarity with lean-factory principles—as well as the need for companies to react quickly to changes in domestic consumer demand.”
several more stats in article, see here:
