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It's with that thought that I find it so refreshing to see small-scale manufacturing return.
The middle stages (manufacturing), return the lowest value and this bends the ROI line upward on the right and left, forming a smile.
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While the survey is good news, the broader economic problem is that even as manufacturing returns to American shores, the old jobs associated with the sector are not coming back.
"In contrast, manufacturing returned to modest growth in the month, with new export orders increasing for the third month in a row.
Google Glass glasses will be manufactured in the United States, an example of manufacturing returning from the far east to the west, according to reports The manufacturing will be carried out by Hon Hai Precision Industry, the Taiwanese company better known as Foxconn at a factory in Santa Clara, California, according to the Financial Times.
Mr. Gingrich's audience at Sukup Manufacturing returned his caution.
"Output per hour in manufacturing returned to strong growth during 2010 and 2011, but has since then suffered another large fall". Do baby boomers deserve a better rap?
And, with the discovery of natural gas in America leading to more manufacturing returning to this country, and the prospect of pending energy reform in Mexico, there is an opportunity to create the lowest-cost, clean-energy manufacturing platform in the world, with mutually beneficial supply chains crisscrossing the continent.
But when manufacturing returns to the states, jobs aren't coming with it in high numbers.
German manufacturing returned to growth, with a PMI reading of 51.4 in October, up from 49.9 the month before.
So, while there has been a lot of legitimate excitement about manufacturing returning to the United States, the exhibit hall at CES also reflects how that may be to do for some industries, like consumer electronics.
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