With the traumatic impact of outsourcing jobs and production, especially by America’s manufacturing giants, it may come as a surprise to many that the United States is still the world’s No.1 generator of manufactured goods production at $1.8 trillion annually.
The misconception of America rapidly becoming a nation of “hamburger flippers and insurance salesmen” is a misplaced parody of the United States of yesterday’s loss of dominant steel production, textiles, leather, electronics, etc. This has been turned on its head by a comprehensive essay in the December 2012 issue of Atlantic Monthly tracking the current insourcing turnaround to the evolving cost factors of secure product quality, transportation costs, and the accelerating evolution of technology and changing customer demand tastes.