According to Reuters large U.S. manufacturers are much more
likely than their smaller peers to move production to the United States from
China, according to a survey.
Labor costs and the quality of goods are the top reasons for
companies to consider so-called "re-shoring," with some companies
considering the United States a de facto low-cost country because of its high
unemployment, according to the survey by the Boston Consulting Group.
It found that 37 percent of all U.S.-based manufacturing
executives either plan to or are actively considering moving production from
China. That rises to 48 percent among companies with more than $10 billion in
revenues, the poll found.
Majorities of those polled said they expected wage costs in
China to continue to rise, and said sourcing there is more costly than it
appears on paper because of factors such as proximity to customers and the ease
of doing business….
Want to see more?
Check out http://www.reuters.com/article/2012/04/20/us-usa-manufacturing-china-idUSBRE83J05Z20120420
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