With TPP in the process of being ratified and the American presidential race well under way, focus has again returned to the war for manufacturing (and manufacturing jobs) and its future in America. Boston Consulting Group released a remarkable survey a few weeks ago, which can be viewed here (pdf), here (slideshare) or here (scribd). It's worth posting the executive summary here to see its significance:
Key takeaways from BCG's fourth annual survey of U.S.-based manufacturing executives
1) Interest in reshoring production to the U.S. remains strong, and the percentage of companies actively moving operations back to the U.S. continues to increase
This is a preview of
The Road to War: The War For Manufacturing and Cold War 2.0
. Read the full post (1321 words, 3 images, estimated 5:17 mins reading time)
Bloomberg has a story out showing Japan's efforts to spur the robot revolution in order to address its labor pool decline and attempt to reinvigorate economic growth:
The rise of the machines in the workplace has U.S. and European experts predictingmassive unemployment and tumbling wages.
Not in Japan, where robots are welcomed by Prime Minister Shinzo Abe’s government as an elegant way to handle the country’s aging populace, shrinking workforce and public aversion to immigration.