There’s a bit of a renaissance happening in domestic manufacturing across the United States and the proof is found in a number of recently published reports. In December 2013, manufacturing grew at its second-fastest pace in more than two years and the Institute for Supply Management’s factory index held firm at 57 (over 50 indicates growth), according to Bloomberg. Growth is being spurred by spending in construction, automobile sales and an increase in demand in most major industries, which in turn, has led to investments in equipment and added jobs.
In fact, The Wall Street Journal says manufacturing employment in the U.S. has grown nearly 5 percent to 12 million jobs since 2010, as many U.S. companies want to stop relying so heavily on foreign plants, where quality and delivery times are hard to control. Continue reading