The Flow of U.S. Manufacturing Jobs Now Goes Both Ways

Over the past four years, companies have created more than 80,000 manufacturing jobs in the U.S. by moving production to America from abroad, according to a Wall Street Journal report that cites figures from the nonprofit Reshoring Initiative. The U.S. continues to lose manufacturing jobs to offshore plants, but those losses are now being offset by inflows. An example is Whirlpool, which is moving some of its washing-machine production to a plant in Clyde, Ohio, from one in Monterrey, Mexico, mainly to take advantage of lower energy and product-transportation costs.




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Published on December 30, 2013 05:30
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