The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward
GlobalTranz
JANUARY 12, 2015
The only time it was higher was in December 2005, when it had briefly crossed $15. Of course, not all manufacturers will return home since poorer countries will continue to have lower labor costs. At the same time, oil prices are not expected to fall so low as to cause a complete collapse of the investment in US oilfields.
Let's personalize your content