After decades of exodus, companies returning production to the U.S. (LA Times)

After three decades of an exodus of production to China and other low-wage countries, companies have sharply curtailed moves abroad. Some have begun to return manufacturing to U.S. shores. Although no one keeps precise statistics, the retreat from offshoring is clear from various sources, including federal data on assistance to workers hurt by overseas moves. U.S. factory payrolls have grown for four straight years, with gains totaling about 650,000 jobs. That’s a small fraction of the 6 million lost in the previous decade, but it still marks the biggest and longest stretch of manufacturing increases in a quarter century.

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