Wednesday, January 15, 2014

My Economists on Reshoring: It's Real

"You can kick anybody's butt right here in the U.S." was the stand-out phrase directed at manufacturers during a recent Vistage podcast featuring economists Alan and Brian Beaulieu.  I call them my economists not only because I like what they have to say, but because they have a penchant for accuracy.  They have a great sense of humor uncommon to most economists too.

The message was that reshoring, or near-sourcing if you prefer that term, of production is "real."

This was one of four key trends the Beaulieu brothers cited in predicting steady growth through 2018.  A healthy energy segment, better/stronger productivity, and "growing the industrial economy for the World" were the other three U.S. trends.  Upbeat.

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