Yes! Buying American is suddenly hip. Surprised?
Purchasing items that are Made In America has always made you feel nice – maybe even patriotic. But has it ever made you feel ‘with it’? The stereotypical profile of grey haired men wearing NRA hats purchasing only domestic cars and looking for the Made In America decal is fading. Finding these decals and buying Chryslers is suddenly cool. More and more famous personalities are pitching American products. Trend-setting stores are installing American-made sections. Powerful newscasts are enthusiastically highlighting American manufacturing - none more prominent than Diane Sawyer’s Made in America.
The fact is after years of decline, manufacturing is leading the American economy. Manufacturing is booming while other sectors still struggle. A Wall Street researcher recently went so far as to write, the “U.S. economy is in the early stages of a long-term manufacturing renaissance.” Unfortunately it took a massive recession to show how much manufacturing means to our country. While we have a long path yet to navigate, there are many reasons to be excited for American Manufacturing:
Leveling American vs Foreign Costs
– It’s not cheap to build overseas anymore
Technology – Lots of new tools
(we recently purchased a laser fabricator and powder system)
New Manufacturing Jobs
– 330,000 new jobs over the past two years, and rising
On the downside, costs are leveling in part because of stagnate domestic wages and rising foreign pay. The US has new manufacturing technology without a trained workforce. New jobs are available but not nearly enough. However, armed with momentum, consumer enthusiasm and a new identity we absolutely can lead again.
So yes, now it’s cool to be an American Manufacturer.
