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    The United States Supports Manufacturing Industry To Move Forward Together With The Low End Industries.

    2014/6/24 19:14:00 24

    AmericaLabor CostsHigh And Low End Industries

    P a href= "http://sjfzxm.com/news/index_h.asp" > Washington > /a > Pedersen Theodore, a researcher at the Institute of international economics, think tank, the latest research data of Theodore Morin and Lindsay Alden, the fastest growing categories of manufacturing output in the United States from 1988 to 2011 include semiconductors, computers, pport facilities, railway vehicles and medical equipment.

    The slowest categories include clothing, footwear, leather products, tobacco, ceramics and so on.

    < /p >


    < p > socks and toys, such low-cost, low added value, labor-intensive products, have not been able to enter the American manufacturing industry that always regards high income, high technology and high added value as the "legal eye".

    Recently, however, the US Department of commerce is trying to convince business owners that these goods can also be produced in the United States and make profits.

    < /p >


    < p > at the "select the US summer forum" just below a href= "http://sjfzxm.com//business/" > /a, "the US Commerce Department told the entrepreneurs who came to the conference that socks, toys and information technology services and trams could also be returned to the United States for local production.

    < /p >


    In addition to inviting Whirlpool, WAL-MART and other large manufacturers and purchasers, P also invited representatives from the toy factory and the Richelieu socks factory to invite them to introduce the outstanding achievements and successful experience of moving the factory from overseas to the United States.

    < /p >


    < p > the move of Ministry of Commerce highlights the breadth and intensity of the Obama administration's efforts to promote the return of manufacturing industry.

    In his first state of the Union address (2013) in his second term of office, Obama put forward the idea of "making the United States a magnet for new jobs and manufacturing", and since then introduced a series of measures to encourage enterprises to return.

    < /p >


    For more than a year, the United States has stressed the importance of revitalizing the high-end manufacturing industries that are traditional strengths, as much as possible to consolidate the manufacturing industry in the middle end while not giving up the production of consumer goods, such as textiles and toys, which are at the low end of the value chain. P

    With the change of business environment at home and abroad, the number of manufacturing enterprises returning to the US mainland is increasing.

    < /p >


    A report released last week by the White House National Economic Committee said that manufacturing output in the US has increased by 30% since the end of the financial crisis. P

    Meanwhile, manufacturing has created 646 thousand jobs since 2010, the fastest growth since 1990.

    < /p >


    < p > Boston consulting company surveyed 100 American companies from textile and electronics industries in 2012, while only 7% said they were moving the factory back to the United States.

    After a year and a half, this proportion rose to 13%.

    The Boston consulting company estimates that revitalizing the manufacturing sector will bring the United States to 3 million 500 thousand to 5 million jobs at the end of 2020.

    < /p >


    Penny Pritzker, the US Commerce Secretary, said at the forum that more and more enterprises choose to reflux. They value the strong legal environment of the United States, the protection of intellectual property rights, stable financial markets, world-class universities, dynamic supply chains, stable and abundant energy supply and strong consumer groups. P

    < /p >


    Susan Helpe, chief economist of the Ministry of Commerce, said at the forum that "made in the United States" has many advantages, including shortening pport time and inventory delivery time, so as to better adapt to changes in consumer demand and reduce costs. P

    Products sold in most emerging markets are shipped back to the United States for sale, which takes a long time in registration, customs clearance and pportation.

    < /p >


    < p > > a href= "http://sjfzxm.com/news/index_c.asp" > US < /a > the difference between labor cost and other countries is also narrowing.

    Willy S, a Harvard Business School professor, showed that labor costs in the US manufacturing industry were 10 times that of China in early 2000, which narrowed to 3 times in 2014.

    < /p >


    < p > reducing production costs has been an important driving force for many American companies to outsource manufacturing, but Jeff Fetting, chairman of Whirlpool group, an American household appliance manufacturer, said the US still outperforms other countries in terms of labor productivity and resilience to market demand.

    Meanwhile, the company's survey found that American consumers were more inclined to buy products produced in the United States, which strengthened the plan of reflux production line.

    < /p >


    "P" international retail giant WAL-MART announced last year that it will purchase US made products worth 250 billion US dollars in the next ten years.

    Michel Glockler, senior vice president of WAL-MART in the United States, said at the forum that American products have strong competitiveness in many fields.

    WAL-MART will also donate $10 million in 5 years to encourage innovation in textile manufacturing and conventional consumer goods manufacturing.

    < /p >


    According to the latest research data of Theodore Morland and Lindsay Alden, a researcher at Pedersen Institute of international economics, Washington think tank, the fastest growing categories of manufacturing output in the United States from 1988 to 2011 include semiconductors, computers, pport facilities, railway cars and medical equipment.

    The slowest categories include clothing, footwear, leather products, tobacco, ceramics and so on.

    < /p >

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