Why the U.S. Is Looking More Attractive to Manufacturers

I recently found the following infographic comparing the cost of manufacturing products in China to the cost of manufacturing in the United States. It turns out that the difference has been shrinking for the last few years because of a number of factors.

This is good news for manufacturers in the U.S. as well as many other countries, including Mexico, India, and Vietnam, which have lower average manufacturing costs than China.

I’ll let the infographic do most of the talking. It’s nice to hear good news like this:

Pepperdine University Online

About Robert Lockard

Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks and small business. Fishbowl Inventory is the #1-requested inventory management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies. His favorite movies include Mr. Smith Goes to Washington, Fiddler on the Roof, Back to the Future and Lawrence of Arabia.
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1 Response to Why the U.S. Is Looking More Attractive to Manufacturers

  1. Siim Kanne says:

    Furthermore to bring some facts about changes that already have taken place, the statistics of the years 2009-2015 (NAM) are clearly showing the trends that manufacturing is already moving back to the US:

    1) Volumes of manufacturing grow.
    2) Effectiveness improves: although the production runs 8% of the population, they produce 12% of the GDP. Thus, manufacturing is by 50% more efficient than other sectors of the economy on average, and the average income of workers is 24% higher.
    3) Manufacturing makes ¾ Research (R & D) in the private sector!
    4) Exports from the United States grew 50% in 5 years. At the same time imports still exceed exports by $500 billion a year.
    5) Separately, an interesting fact: the share of SME in export is 96.6%.

    This means more jobs for Americans 🙂

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