‘Made in America’ becoming vogue again
By Virginia Harrison, CNN Money
The “Made in America” revival is gaining momentum with a majority of manufacturing executives now ready to consider pulling some production back from China.
A new survey published Tuesday showed a big jump in recent months in the number of companies considering “re-shoring” production from China, once favored for its low costs.
Boston Consulting Group said its survey found most large U.S. companies now plan to move some production to America from China, or are “actively considering” the move.
The number of firms that have shifted manufacturing to the U.S. from China, or will do so in the next two years, has nearly doubled over the past 18 months.
The survey found the three main drivers of the trend are labor costs, product quality and a desire to be closer to customers.
ABC=Anything but Chinese.
“Made in America” is making a rebound and it’s long overdue! Now if more folks living here or visiting from out of town would shop locally right here in SLT, we’ll all be better off. To heck with Walmart and Costco!!! Buy American goods and shop local! OLS
I remember when Walmart and Sears used to highlight all of their “made in America” goods within their stores. If they did this today these items might only fill a small part of a single shopping aisle. I had a college economics professor tell me in the early 1980s that he would only worry about imported goods when America stopped making tools since tool manufacturing represented a “high level function” important to the national security of an industrialized nation. Go see how many tools in your local hardware store are made in America today.
The last year that the USA had a trade surplus (sold more goods overseas than bought) was 1975. Imported oil continues to represent about 50% of all imports to the USA, although it dropped to around 47% in July of due to improved fleet efficiencies, increased domestic production, and a still-struggling economy. Seems to me that oil production (PLUS conservation – they go hand in hand) is where our energies (no pun intended) should be focused as a nation.
I am happy to see people coming around to my way of thinking.
its not that hard. and very easy to buy made in the USA online.
The Big corporate stores who really pushed manufacturing oversea’s are now feeling the backlash.
You cannot buy everything made in the USA but you can sure buy allot! And today I find I might pay a bit more for Socks, underwear, shirts, jeans shoes ect, but the value is much better.
OLS, I’ve read many of your opinions and positions and I have tremendous respect for both. But American capitalism is supposed to be based on market competition. And the fact is that, despite the ignorant critics of progressive politics, we have become an economy based on investment and market manipulation rather than on genuine competition. If you have no one else to blame, read Ayn Rand. Unfortunately, lots of folks see her as both credible and guiding.
As middle class Americans, it serves no purpose, ours or our nation’s, to support economic jingoism. Capitalism means that you buy the product that most suits your purposes. Liberty and Democracy mean that you vote for politicians who seem to be committed to that economic and political freedom – for all, not just for the new elite.
I imagine that products made outside the USA are cheaper but are they made better? I trust quality control in the USA much more so than in China. If the price difference is not significantly higher, and especially if the product is clearly labelled, “Made in USA,” I think, as Copper says, buying American would “most suit our pruposes.”
Copper,
Thanks for the input. Your opinion’s and view of things are often those of mine as well. My point was to buy “Made in the USA”, when you can find it ,and to buy as local as is possible, (that is if you can find what you’re looking for here at the lake.)
Man, talk about “market competition”, I drove by Grocery Outlet yesterday and that parking lot was full! I wonder how that’s effecting Raleys and Safeway’s bottom line??.
Competition in the market place is good,with hopefuly better products at a reasonable price.
Now if I could just buy a Tesla Roadster for under 20 grand because of lower prices on other electric cars, I would be one happy camper! LOL! Take care, and shop locally and buy “made in the USA” ,Old Long Skiis
I sold autos at one of the largest retailers on the planet. Quality control pretty much goes like this, Honda, Toyota, Nissan, and Subaru get solid As, maybe Nissan an A-. BMW and Mazda get a solid B. I used at least 3 different sources plus my own experience with trade ins(which concurred with the outside sources) of at least 100,000 miles. Notice the companies the federal government bailed out with our tax $s are not listed hmmmm……..
Quality control is very closely related to cost of operating the vehicle in a huge amount of instances.