While “Made in the USA” seems today like a far off ideal, the reality is that the manufacturing sector in the United States has in fact grown year after year. According to Tiger Industrial, a company that specializes in industrial rental equipment, as the new economy continues to grow, the US’ manufacturing base for industrial products is healthier than ever, and in fact, small-batch manufacturing has become a growth industry thanks to technologies such as three dimensional (3D) printing. Modern factories hire fewer and more educated workers, as those workers must be prepared to handle highly complex automation. The factory of the Industrial Revolution’s age is gone forever, replaced by a new, modern manufacturing reality that the US has shown itself ready to compete in.
Globalization is Starting to Reverse
It was nearly inevitable that globalization couldn’t remain a permanent feature of the local economy, but certain things have caused it to stagnate faster than expected. For example, with decades of globalization came an increase in the standard of living in many national economies. As US corporations are fully aware, that increased standard of living comes at a price of higher wages, which are now increasingly demanded in developing economies. Meanwhile, American businesses here are able to extract concessions from weakened unions. Because of this one-two punch of the global economy, coupled with the rise of cheap energy in the US, keeping manufacturing in the United States is no longer the pipe dream that it once was, and more companies are opting to move their operations here or expand in the US, as opposed to leaving. Wal-Mart, which led the nation investing in outsourced products, while be investing $60 billion in finding American-made products, and they also expect to save money while doing so!
Making The Things That Make Our Lives
American manufacturing is increasingly diverse, but in some things, the US has always been a leader. A good example of this is in manufacturing, farming and industrial equipment. In many cases, these items are used to make other items (both in the US and outside) and therefore are part of the process of production to the sales outlet. US companies are showing their leadership in the global economy, while strengthening our economy right here.
Made in the USA is Good For Our Economy
“Made in the USA” is no longer just a slogan: it’s a proof that your product dollars are going towards making people’s lives here in America better. According to Tiger Industrial (www.tigerindustrialrentals.com), with the economy in a state of stagnation, it’s more important than ever that consumer dollars stay in the American economy so that people benefit locally here. Although manufacturing is up, there are fewer workers needed than before thanks to techonological change, so every dollar spent here becomes all the more important in protecting our economy. Take the time to look at who produces right here in the United States for your next purchase. Buying local is one way to ensure that the economy stays healthy, ensures that more people are working here in America, and that you’ll be able to do your part in helping America become an economic powerhouse in a new, multipolar economic reality.