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Manufacturing Breaks Stigmas

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Manufacturing suffers from a bad rep of being risky, expensive, and dying, but reliable data shows that US manufacturing is well-positioned for a bright future.

US manufacturing ranks at 85.2 on the FM Global Resiliency Index, ahead of China and Mexico, painting the US in a favorable light. Recent analysis by the Boston Consulting Group shows the US comparing well globally on the Cost Index, helping to reshape outdated perceptions on manufacturing cost.

As companies are reconsidering supply chain risks, being reshoring, and assess cost structures, companies should plan with optimism going into the new year and invest in growth in the coming decade.

Check out more information from ITR Economics here.

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