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Economic Indicators clear

Manufacturing Adds 36,000 Jobs

Manufacturing added 36,000 jobs last month, with the majority in durable goods, according to a breakdown by industry issued today by the U.S. Bureau of Labor Statistics.

U.S.: The Once and Future Manufacturing Leader

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.