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Manufacturing capability and infrastructure would be my guess. I guess if the trend continues and factories keep moving to India and Mexico, it might be a diffe
by kredd 2y ago
Manufacturing capability and infrastructure would be my guess. I guess if the trend continues and factories keep moving to India and Mexico, it might be a different game in 10 years.
- FredPret 2y agoAlso automation might have a huge effect on this. It's expensive and slow to ship things all over the place. We're not seeing that trend take off in a major way yet, but I think a lot of the raw ingredients are there. https://fredblog.stlouisfed.org/2014/12/manufacturing-is-growing-even-when-manufacturing-jobs-are-not/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog https://fredblog.stlouisfed.org/2014/12/manufacturing-is-gro...