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White House hails rebound of US manufacturing, but is it for real?

from The Christian Science Monitor

The mass exodus of millions of factory jobs overseas in the early 2000s brought the American manufacturing sector to its knees. However, since 2010, manufacturing has started to regain some footing, with more than 600,000 new jobs, according to a new report. What's more, many companies that outsourced production to China in the early 2000s are now considering rebuilding factories on U.S. soil, according to a survey of manufacturing executives. more


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