Monday, April 30, 2012

The New American Manufacturing

http://online.wsj.com/article/SB10001424052702304811304577369771991833552.html?mod=WSJ_PersonalFinance_PF14

This article focuses on the resurgence of American manufacturing. With a weak dollar, stalled labor costs, and growing labor costs in China, America is poised to regain a lot of manufacturing. Particularly prevalent are producers of steel, autos, and chemicals. This transition could have important implications for global markets, as the emerging middle class in BRICS countries begins to demand goods from countries like the U.S.

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