The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward
GlobalTranz
JANUARY 12, 2015
In July 2007, the price of natural gas rose to an astronomical $14 per MMBtu. Of course, not all manufacturers will return home since poorer countries will continue to have lower labor costs. At the same time, oil prices are not expected to fall so low as to cause a complete collapse of the investment in US oilfields. in 2015, 3.9%
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