Archive for June 19, 2012
This year, manufacturing jobs have been on the rise in the United States. Jobs that used to be performed overseas are now being held by Americans. Given that President Obama is being held accountable for the state of the economy, it’s worth examining the forces behind this movement. Why is this happening in 2012?
It’s a combination of factors, but the two largest appear to be China and energy costs. I’ll show you what I mean; the two are intertwined. We can start with a brief history. (more…)