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re: U.S. manufacturing growth outpaces the rest of the world
Posted on 3/7/23 at 6:47 pm to WestCoastAg
Posted on 3/7/23 at 6:47 pm to WestCoastAg
The role of shortening supply chains can't be overlooked. A renissance of domestic and general North American industrial growth should happen over the next 20 years.
Posted on 3/7/23 at 6:58 pm to BoardReader
Mexico and India will be the biggest benefactors of the next 20 years.
Mexico has extremely favorably demographics right now.
India's rise will do to China what South Korea and China did to Japan.
I don't foresee China passing the United States.
Mexico has extremely favorably demographics right now.
India's rise will do to China what South Korea and China did to Japan.
I don't foresee China passing the United States.
Posted on 3/7/23 at 7:20 pm to BoardReader
quote:
A renissance of domestic and general North American industrial growth should happen over the next 20 years.
I want to believe that, and hope companies have learned a lesson about having greater control over their supply chain, BUT I know that any lesson learned will be short-lived.
Most companies may on-shore stuff in the near term, but in 3-5 years, they'll find a reason to start buying a lesser quality product from somewhere else just to save a few points of margin.
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