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Medical Musings: Reshoring is just hopeful hype

Wednesday, May 1st, 2013 | Permalink

All Sites The concept of “reshoring” sure gets a lot of buzz in American manufacturing media these days. You’ve seen the stories. America is more competitive because labor prices are rising in China; Asian quality is inferior; communications problems torpedoed a project; shipping costs are rising, etc. The newest line is that lower natural gas prices will bring manufacturing back to the United States. A new 125-page report from Morgan Stanley called “U.S. Manufacturing Renaissance: Is It A Masterpiece Or A Fake?” throws cold water on that argument. read more

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Medical Musings: Reshoring is just hopeful hype