Add Boston Consulting Group's Hal Sirkin to the list of industry experts who believe that reports of the death of US manufacturing have been, as Twain might put it, "an exaggeration." With the decline of the dollar and the rise of wages in China, "It's now becoming more effective to produce in the U.S. than it is to produce in a lot of different countries," says Sirkin.
Sirkin recently discussed the state of manufacturing in the US with the Knowledge@Wharton editor in chief Mukul Pandya.
02-20-2012 9:55 AM
Filed under: global business, wages, China, currency, manufacturers, Europe, manufacturing, knowledge at wharton, dollar, knowledge@wharton, manufactured goods, ism, US manufacturing data, wages in china, mukul pandya, boston consulting group, hal sirkin