Quote:
Originally Posted by Oedipus Rex
I said the manufacturing sector was coming back in a big way. Squawk doubted my statement but refused to say why. He's just a know-nothing troll.
Now, back to your question. It is true that manufacturing has, for the last decade, moved out of the United States. There are many reasons for that trend; taxation, increased manufacturing costs, slim profit margins, etc. But, what has changed in the last few years? Simple. The value of the dollar as compared to the Euro. It has now become profitable for European companies to outsource their work to the United States. The only real problem with this new trend to send manufacturing work to the United States is that we sorely lack a skilled workforce that is capable to handle this new workload.
If Squawk or Sir Lez Fatperson had asked, they could've learned something instead of becoming the forum idiots.
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06/12/2008 [-] Manufacturing activity weakens in May
06/10/2008 [-] Britain's manufacturing output rises in April
06/06/2008 [-] Manufacturing remains an important growth engine for Singapore
06/06/2008 [-] Honeywell Aerospace to eliminate 420 manufacturing jobs
06/04/2008 [-] June 4, 2008 Should the government be doing more to assist the manufacturing sector?
06/03/2008 [-] India seeks it owns path as a manufacturing powerhouse
06/03/2008 [-] Manufacturing sector still slowing
06/03/2008 [-] U.S. Manufacturing Slips As Inflation Gauge Surges
06/02/2008 [-] U.S. Manufacturing Sector Contracted in May
06/02/2008 [-] Stocks head for lower open as Wall Street awaits reading on May manufacturing activity
06/02/2008 [-] Wall Street economists expect manufacturing index to edge downward in May from prior month
06/02/2008 [-] Slowdown hits manufacturing and mortgages
06/02/2008 [-] Stock futures retreat ahead of manufacturing data
06/02/2008 [-] PMI Manufacturing taking strain
06/02/2008 [-] Manufacturing still struggling survey
05/31/2008 [-] Chicago-area manufacturing index again signals contraction
Yeh another reason is some seriously good drugs! So how about sharing it already?