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US production costs catching up with China

from Los Angeles Times

Another win for the made-in-America movement: A new report found that U.S. manufacturing in the past decade has become much more competitive compared with low-cost manufacturing rivals. U.S. factories can make goods at the same cost or even cheaper than those made in Eastern Europe, according to a Boston Consulting Group report. And it is now less than 5 percent cheaper to make goods in China compared with the U.S. more


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