The return of the ‘Made in America’ label? – Tennessee – The state is leading the revival of manufacturing in America

An almost perfect storm of factors is boosting American manufacturing. The shale revolution has lowered energy costs and made the US look competitive again.

Rising wages in emerging markets like China is another reason. Black & Decker says it now costs the same to produce in America as it does in China once logistics and transport costs are taken into account. Plus, the US has maintained its position as the technology leader, so productivity is high.

President Obama came to Tennessee last month. The state is leading the revival of manufacturing in America. The home of country music and southern barbecue is now surprisingly being called the new Detroit. Read more at: http://www.bbc.com/news/business-31509223

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s